Not much being said about this lease that Des has put togother? Does not look very owner friendly? Money and Royality good but looks like they capture everything ever found under your property. Not limited to Utica and Marcellus. It also looks like they can pretty much do anything deemed necessary on your property.
Those lawyers must have been high fiving each other when they saw you on the other side of the table with your tail between your legs.
A career landman knows twice as much about oil & gas as any lawyer and most oil & gas lawyers will admit that. Little, if any, of a lawyers training involves oil and gas law.
Oil and gas is all a landman does. There shouldn't be any professional who knows more about oil and gas leases than a career landman.
You're trying to punch above your professional weight Des. You aren't qualified to negotiate a U-Haul truck lease.
I hope you did help people and good for you if you did.
Most of the landman I work with did practice law at one time before they got the oil and gas business in their blood.
My opinion may be skewed.
Note Des: the UT lease is not even remotely close to being the most one sided in favor of the oil & gas owner that I have seen.
The large landowners in Texas, especially East Texas and the Delaware, Marfa and Midland basins where I am currently working, have leases which are much more onerous on the lessee.
BLM leases are fine too.
I'm out of the loop - what recent events?
Des, with all due respect, you're not an expert.
You should not be advising anyone.
You're not remotely qualified.
You give people bad advice.
You should not be playing the victim card---you victimized people with your faux expertise.
Your statements regarding the effects of market Enhancement language could not have been more wrong, more counterfactual.
Exit Stage Right!
" Don't go away mad, just go away"
I don't think Motley Crue were the first ones to say that.
Why don't you try soaking your head?
The Lease you negotiated is the worst lease, for an oil & gas owner, I have seen in my 30+ year career.
Inter alia, you have the lessor warrant title; at the very beginning you give the Lessee the right of first refusal on a top lease.
As soon as I saw those two, I got a sick feeling.
The whole lease is stunning.
It's like you took every scumbag clause designed to defraud Lessors and strung them together.
Are you insane?
You took money for selling your clients down the river.
You ought to be ashamed of yourself.
But your not! But you're not!!