Thank you James,
Can you provide contact info on the other companies?
I'll be glad to do so, give me a call 740-251-9021, or send me
I want to follow the guidelines set here on gomarcellusshale.com.
Please give me a call if you need further information.
I appreciate your insight. What about the threat of receiving nothing while neighbors take the low offers? We were told that CHK may stop leasing in this area and if we don't accept the offer, it may go away for good.
Please remember the statement "may" stop leasing. I can tell you from years of experience,that is simply not going to happen, maybe in a couple of years, maybe. Please remember that there are at a min 6 other companies that either are starting to lease in Stark County, or are coming your way in the next 12-18 months.
Just ask others in other counties, what the leasing pattern is and hopefully thiswill give you some comfort, to let you wait patiently to see lease bonus prices to at least double in the next year.
Also, remember there are several "key phrases" in the chk leases that tie all of your interests up forever...........from where I am sitting..that is a long, long time. You surely do not want to make a hasty decisions now, and later regret you actions. You wouln't do it with any other important decision, would you? Well, don't let money or any fear tactics that some Landmen who handle leasing try to scare you with, to doubt your own "common sense".
Remember, the lease Does Not Guarantee that CHK will drill at all! If they do not drill, that means you will get no monthly royalty check every month for the next 40-50 years. That alone, makes the lease bonus of $1,000. a acre pretty small overall, by comparison.
Only you, know you situation best. Remember these things, please.
If, after everything that I have stated, you fear losing the money......well, then go ahead and sign,
so hopefully you can sleep at night. Best wishes,