I know a lot of people are happy and many are unhappy being held by production. This article brings up an interesting angle that I never thought of before to being HBP and no well drilled in the direction of their land, nor drawing gas from their land.
"The main point is that they declared a pooled unit only to hold my lease. My lease specifically says that they must commence a well on the leased premises or on a spacing unit containing a portion of the leased premises before the expiration of the lease, " Sonda added of Chesapeake.
I'm just wondering if this will help some of you that do not have a well drilled in the direction of your property yet. Anyone have any ideas?
I know this guy very well. He has a old range lease and the wording is differant then you see today,chk has done this to so many landowners in ohio co. there is alot more to this i hope he wins and chk has to pay.