lAYWERS PERCENTAGES whats fair? - GoMarcellusShale.com2024-03-29T13:03:21Zhttps://gomarcellusshale.com/forum/topics/laywers-percentages-whats?groupUrl=greene_county_marcellus&feed=yes&xn_auth=noI suggest you hire a worthy (…tag:gomarcellusshale.com,2015-06-09:2274639:Comment:6791082015-06-09T00:18:06.717ZMartha Ann Murrayhttps://gomarcellusshale.com/profile/MarthaAnnMurray
<p>I suggest you hire a worthy (if there's such a thing) attorney that you can trust (if there's such a thing), and visit with him or her....1st visit is free in many places.....Martha (Oh, and pay by the hour).</p>
<p>I suggest you hire a worthy (if there's such a thing) attorney that you can trust (if there's such a thing), and visit with him or her....1st visit is free in many places.....Martha (Oh, and pay by the hour).</p> Hi Mary - I'd like to talk wi…tag:gomarcellusshale.com,2011-08-26:2274639:Comment:1474352011-08-26T21:01:07.668ZDan Laneyhttps://gomarcellusshale.com/profile/DanielLaney
<p>Hi Mary - I'd like to talk with you in more detail regarding your post concerning - "well sitting fee clause" included in an addendum as well as a "payment in lieu of gas clause"</p>
<p>Thanks - Dan</p>
<p>Hi Mary - I'd like to talk with you in more detail regarding your post concerning - "well sitting fee clause" included in an addendum as well as a "payment in lieu of gas clause"</p>
<p>Thanks - Dan</p> And if you pay by performance…tag:gomarcellusshale.com,2011-08-22:2274639:Comment:1427702011-08-22T00:22:56.074ZTomhttps://gomarcellusshale.com/profile/Tomritchie1hotmailcom
<p>And if you pay by performance you win, your attorney wins, and the gas company wins. No hourly rate and zero sharing of royalties.</p>
<p>Foresight based on Hindsight is where success from Vision is achieved...Listening is always the first best step of learning. Winning is way more fun too!</p>
<p>And if you pay by performance you win, your attorney wins, and the gas company wins. No hourly rate and zero sharing of royalties.</p>
<p>Foresight based on Hindsight is where success from Vision is achieved...Listening is always the first best step of learning. Winning is way more fun too!</p> man I learned that lesson mys…tag:gomarcellusshale.com,2011-08-21:2274639:Comment:1427412011-08-21T12:36:23.878ZOil and Gas nightmarehttps://gomarcellusshale.com/profile/LynnTenney
man I learned that lesson myslef a while ago hahaha, I ended up going with a super guy for an hourly rate
man I learned that lesson myslef a while ago hahaha, I ended up going with a super guy for an hourly rate never pay a percentage...why…tag:gomarcellusshale.com,2011-01-30:2274639:Comment:672802011-01-30T01:06:30.343ZLittle Cougarhttps://gomarcellusshale.com/profile/LittleCougar
never pay a percentage...why wouldn't you want to pay by the hour? Think about it...if you pay him a percentage of the royalties...that is for the life time of the lease...and that is a lot of money. If you pay by the hour, you are done with the attorney once all the i's are dotted and the t's are crossed. Don't be foolish..
never pay a percentage...why wouldn't you want to pay by the hour? Think about it...if you pay him a percentage of the royalties...that is for the life time of the lease...and that is a lot of money. If you pay by the hour, you are done with the attorney once all the i's are dotted and the t's are crossed. Don't be foolish.. Hi Shelli! RUN FAR AND RUN FA…tag:gomarcellusshale.com,2010-11-25:2274639:Comment:588102010-11-25T19:42:23.368ZMary j. Greenhttps://gomarcellusshale.com/profile/MaryjGreen
Hi Shelli! RUN FAR AND RUN FAST from the lawyer who offered you that deal!!!!!!!! You can INDEED do this without a lawyer but if you do need one, make sure what his HOURLY charge to you would be. The one with whom we dealt (only to find out that we really didn't need him) charged $200/hr. You will have to do research yourself and there are several excellent sites online...Penn State's site is excellent.<br></br>
We signed on September 3 of this year and have been paid. My advice to you is…
Hi Shelli! RUN FAR AND RUN FAST from the lawyer who offered you that deal!!!!!!!! You can INDEED do this without a lawyer but if you do need one, make sure what his HOURLY charge to you would be. The one with whom we dealt (only to find out that we really didn't need him) charged $200/hr. You will have to do research yourself and there are several excellent sites online...Penn State's site is excellent.<br/>
We signed on September 3 of this year and have been paid. My advice to you is this...get ahold of a lease, read it, study it and keep in mind that most of the clauses are not just the gas companies being good guys, but are the law. Secondly, write down any concerns that you might have, ei. lease renewal, drinking water, well sitting fees, payment in lieu of free gas and present them to your land man in the form of an addendum with conditions that you want met BEFORE you sign anything. In our case, the land man actually presented us with an addendum drawn up by East, based on our demands BEFORE we got the one that the lawyer was supposedly working on and ironically the two were identical! ( makes one wonder just how closely the gas companies and lawyers are working!)<br/>
I have several other posts on this site based on our research (week worth) and our experience. When all was said and done, we were very comfortable when we signed our lease. It took time and effort but, hey, you don't get something for nothing.<br/>
Good luck...I hope things work out for you. We have been notified by an a…tag:gomarcellusshale.com,2010-11-25:2274639:Comment:587892010-11-25T16:54:44.107ZS Isimingerhttps://gomarcellusshale.com/profile/ShelliIsiminger
We have been notified by an attorney in Greene County that we have mineral rights in 94 acres in Springhill and possibly an additional 59 acres adjoining this as well. There are a lot of cousins in this and about 50 to 60% have recently been leased thru a land company to Chesapeake through this attorney. The lease that our cousins have signed is for a period of 5 years. We have not signed because I do not believe that the attorney that sent us a contingency fee agreement is working in the best…
We have been notified by an attorney in Greene County that we have mineral rights in 94 acres in Springhill and possibly an additional 59 acres adjoining this as well. There are a lot of cousins in this and about 50 to 60% have recently been leased thru a land company to Chesapeake through this attorney. The lease that our cousins have signed is for a period of 5 years. We have not signed because I do not believe that the attorney that sent us a contingency fee agreement is working in the best interest of us all. He is taking 8% off the bonus and 8% from all royalties. I had an attorney review this and was advised not to touch it, that we would essentially be writing this guy into our lease forever.<br />
I'm partially posting this as a warning for folks to not quickly jump on the band wagon, that not everyone acts in an ethical manner and that there is an attorney in Greene County taking what rightfully belongs to you.<br />
The second part of this is wondering what can we do without an attorney or to find a reputable one locally to represent our interests. Should we attempt to contact the land company (Dale Property in Canonsburg) directly. The rest of us reside in 4 different states and truly feel at a loss. Secondly, we believe that this attorney may not have done his due diligence, he may be conferring with a local relative who was written out of the will (probated in WV) that left these rights to 8 of us, which may muddy this up even further. Since the will was probated in WV would we need an attorney that is licensed both WV and PA? Or do we go directly to Chesapeake???<br />
Any advice for us out of towners is so very appreciated!<br />
Happy Thanksgiving to All!!<br />
Shelli Isiminger Wait to solicit is to hay pay…tag:gomarcellusshale.com,2010-10-09:2274639:Comment:515472010-10-09T12:17:36.109ZOil and Gas nightmarehttps://gomarcellusshale.com/profile/LynnTenney
Wait to solicit is to hay pay me a fee and I'll do such an d such for you...arent we supposed to tell people the names of those they should avoid and the names of those that have been honest and fair, right? HA thats why I put up the whole Holy cow batman discussion. but yes I would love some understanding :) and a discussion :)
Wait to solicit is to hay pay me a fee and I'll do such an d such for you...arent we supposed to tell people the names of those they should avoid and the names of those that have been honest and fair, right? HA thats why I put up the whole Holy cow batman discussion. but yes I would love some understanding :) and a discussion :) That is a perfect way to expl…tag:gomarcellusshale.com,2010-10-09:2274639:Comment:515422010-10-09T11:31:53.725ZOil and Gas nightmarehttps://gomarcellusshale.com/profile/LynnTenney
That is a perfect way to explain it to me thank you... ok so now that I have got that...Does the chance that you will get royalities and a share that will include all of your acres increase, when you get together the typical land uint size lets jsut say they want 640 the norm. If you got together 640, would you then get (using the 200) royalities based on your 200 acrers? And therefore, you should try to get soemthing bigger together/ sorry i am debating my every move... ok thast brings me to…
That is a perfect way to explain it to me thank you... ok so now that I have got that...Does the chance that you will get royalities and a share that will include all of your acres increase, when you get together the typical land uint size lets jsut say they want 640 the norm. If you got together 640, would you then get (using the 200) royalities based on your 200 acrers? And therefore, you should try to get soemthing bigger together/ sorry i am debating my every move... ok thast brings me to laymans explanation of royalities, lets say your at $4000, .20% you got 200 acres... and lets jsut dream, they are using all 200(just to review without a land group) you get .....<br />
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20% then where does the acres play into your dollar amount... like 200 x what exactly? the percentage, the daily such and such? what? Hi, Lynn! I can only draw fro…tag:gomarcellusshale.com,2010-10-09:2274639:Comment:515412010-10-09T09:56:55.823ZMary j. Greenhttps://gomarcellusshale.com/profile/MaryjGreen
Hi, Lynn! I can only draw from our experience but I hope it helps you a bit. (I can relate to your state of confusion...I live in the same state constantly! ;)) Anyhoo....we have 60 acres through which meanders a stocked trout stream. Because of the lay of our land, I really doubt that we will ever have a well which is just fine with me. However, let's say that they drill a well on the property behind us, part of which is an abandoned strip mine. If they were to drill that well, we would become…
Hi, Lynn! I can only draw from our experience but I hope it helps you a bit. (I can relate to your state of confusion...I live in the same state constantly! ;)) Anyhoo....we have 60 acres through which meanders a stocked trout stream. Because of the lay of our land, I really doubt that we will ever have a well which is just fine with me. However, let's say that they drill a well on the property behind us, part of which is an abandoned strip mine. If they were to drill that well, we would become part of that unit and as a result would get royalties from that well.<br />
<br />
Let's just say that a well was drilled down the road and as a result, only the northerly 10 acres of our property would be included in a unit, we would only get royalties on that 10 acres. Should another well be drilled to the south of us requiring our remaining 50 acres to be a unit, we would get royalties from that well as well.<br />
<br />
Not every parcel leased will have a well. Personally, I'd be more than happy to receive the signing bonus and royalties without the hassle of dealing with the well being drilled, etc.. Unless you have a "well sitting fee clause" included in an addendum as well as a "payment in lieu of gas clause" there's really no benefit. As for the "free" gas offered should a well be drilled on your propery...sounds good however (according to a Penn State agent) the btu's from the marcellus shale wells burns way too hot for any regular household appliance. It would ruin them immediately.<br />
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I hope this helps a bit. Keep asking questions and researching...trust me, eventually things will become more clear to you and that light you see at the end of the tunnel will really be light, not just an oncoming train.