Replies to This Discussion

Permalink Reply by obed w odom on August 1, 2012 at 18:21

Here is a link to an article about Bonanza Creek in the March 2012 issue of Oil and Gas Financial Journal, given by Bee Meadows on another thread:

http://bonanzacrk.com/pdfs/OGFJ.pdf

The article is an interview with the Bonanza Creek CEO and discusses their operations in both Colorado and Arkansas. The Brown Dense is mentioned.

Permalink Reply by Aubrey C. Sanders, Jr. on August 2, 2012 at 7:10

It seems to me appropriate  to interject my mantra about O&G leases. I have stated many times that your leases may be the most important documents you will ever sign. They can control your mineral estate for more than a century. It is my opinion that they should never be destroyed. At least retain until there is no production and primary lease terms have expired.

I might also advise you to keep any legal notices which may affect you and attend all legal hearings scheduled. When you have opportunity to ask for pre-conference hearings, do so. You can always pick up valuable information from such hearings.

Permalink Reply by Columbia1 on August 2, 2012 at 15:22

Be very, very careful with Bonanza Creek. I have been dealing with them since they arrived on the scene and bought out Longview. They will tell you something and not follow up on it. They are horrible on working with landowners.

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