Just got our 1st royality check from Chesapeake today,I guess you need to be a CPA to figure it out

Just got our first royal check from Chesapeake for our small piece of land that we have.Looks like you have to be a CPA to figure it out.I could see where they could screw one out of money since the ODNR site said they are not the actual figures

Views: 403

Reply to This

Replies to This Discussion

Look, the Bankers have to be paid.

If the Bankers don't get their end, the Bankers have the wherewithal to do something about it.

After the Bankers have been paid, just the scraps, if anything, are left.

When you do business with people who don't understand business, this is what happens.

Remember, CHK's creditors, including the bankers, are getting crammed down.

If the true results of the handiwork of CHK's Brain Trust actually happened, CHK would have been history at least 2 years ago, just a bad memory today. 

I'm talking about paying debt according to the original terms, completing deals, paying drafts, honoring contracts in full, keeping its word, etc. In other words--- sans the scumbagery

CHK, per high priced legal talent, has been avoiding the reckoning of its "skills" for years.

When you have people that aren't qualified to run gas stations, together with their relatives, friends, mistresses, etc., running major exploration and production companies, this is what you get.

That's true for Rice, Rex, Range, EQT--the whole gang.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service