Is it true when the landmen tells you and your group that we have a specific time table to sign with his company or he/they will walk? (Like they did Dogwood).
I live in the Haughton/Princeton area and we have a meeting with the landman from red river land dealing for Chesapeake of course. I was told he is going to tell us to sign by this weekend or they were going elsewhere. I dont like the offer he is giving us, what happens if even 90% dont sign?
I wonder who Twin Cities has leased their property to in 4-16n-12W. Last time I looked I couldn't find a lease. I had heard it was leased to petrohawk.
Also if they are only paying "x" amount for a certain area - why don't they put the real #'s in the lease. Also if they won't put this and that clause in their leases, why don't they record all of their leases instead of sometimes recording a memorandum of the lease.
Could it be they are tired of everyone getting the details of others leases and then wanting the same clauses themselves. Sorry landmen we have a new source of information.