"it depends on your gross for the yr. every one diff. you still will pay the same per your state law. only difference is if you take it in 2 seperate yrs you may be able to plan for the taxes for the ladder yr. if you need the cash in one…"
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Jeffrey L kerr commented on Douglas A. Clark, Esq.'s blog post 'The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?'Bob Moran commented on Douglas A. Clark, Esq.'s blog post 'The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?'"Jeffrey, This doesn't relate to your original post but the last couple of comments brought it to mind. How can one guarantee & protect the second installment payment if the bonus is set up to be paid 1/2 this year & 1/2 next year? Is it…"
Jeffrey L kerr commented on Douglas A. Clark, Esq.'s blog post 'The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?'"we got ours all at once thru Chesapeak where is the prop. at ohio or pa. ours in pa. marcellus or utica ??"
Jeffrey L kerr commented on Douglas A. Clark, Esq.'s blog post 'The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?'"Lisa you should get it up front all at once"
Jeffrey L kerr commented on Douglas A. Clark, Esq.'s blog post 'The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?'"if the gas co. wants it its bad for you the land owner. they are getting way more cash than any of us for the gas oil ect.
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tomcats58 commented on Douglas A. Clark, Esq.'s blog post 'The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?'"The facts are that most horizontal wells can drain a maximum of 80 to 100 acres. based on that number, even 640 acres is too large of a unit unless the driller is putting 6-8 bores per pad. The idea of 1280 acre units is nothing more than greed by…"
jeff shaffer commented on Douglas A. Clark, Esq.'s blog post 'The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?'"my uncle has 150 acres in crawford county and they want to unitize his acres into 640 i told him
to ask for 1/3 of any bonus money the company may recieve i think that is resonable …"
A blog post by Douglas A. Clark, Esq. was featuredThe Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?
First and foremost, anytime a gas or pipeline company wants you to sign ANY document you must thoroughly understand the document and any and all consequences that may result upon execution of the document. Unfortunately, I have seen landowners lose hundreds of thousands and even millions of dollars where they blindly executed legal documents without fully understanding their leverage and options. Please do not repeat these costly mistakes and make certain you understand the document you are…See More
Douglas A. Clark, Esq. posted a blog postThe Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?
First and foremost, anytime a gas or pipeline company wants you to sign ANY document you must thoroughly understand the document and any and all consequences that may result upon execution of the document. Unfortunately, I have seen landowners lose hundreds of thousands and even millions of dollars where they blindly executed legal documents without fully understanding their leverage and options. Please do not repeat these costly mistakes and make certain you understand the document you are…See More
Douglas A. Clark, Esq. replied to crazyfarmer's discussion 'what is the new info for Pipeline offers ?' in the group Susquehan. County, PA"There are many pipeline companies currently "buying" right-of-ways in Susquehanna County, including Williams, Susquehanna Gathering Company, Angelina Gathering Company, Bluestone, WPX, AMS, Talisman, Carrizo, Chief, and more. …"
Ed Wilson commented on Douglas A. Clark, Esq.'s blog post 'Beware of Marcellus Shale Oil and Gas Lease Addendum “Headings”'"Thank you for this information. Keep it coming.."
Profile Information
- What is your role in the Marcellus?
- Landowner, Gas Professional
- Why are you here?
- Networking, Protecting the Environment, Business Opportunities
- Which state(s) are you following?
- Pennsylvania
- Tell us your story...
- I am an attorney who has negotiated hundreds of gas leases, pipeline agreements, water line agreements, surface use agreements, water impoundment pond agreements and many other contracts related to the Marcellus Shale development. Also, a landowner.
Douglas A. Clark, Esq.'s Blog
The Gas Company Wants to Modify My Gas Lease to Increase the Maximum Unit Size: What Should I Do?
First and foremost, anytime a gas or pipeline company wants you to sign ANY document you must thoroughly understand the document and any and all consequences that may result upon execution of the document. Unfortunately, I have seen landowners lose hundreds of thousands and even millions of dollars where they blindly executed legal documents without fully understanding their leverage and options. Please do not repeat these costly mistakes and make certain you understand the document…
ContinuePosted on April 3, 2012 at 4:00pm — 7 Comments
Beware of Marcellus Shale Oil and Gas Lease Addendum “Headings”
Not All Terms are Created Equal
Many landowners who have familiarized themselves with the Marcellus Shale natural gas leasing process have learned certain “key phrases” or “key terms” that are valuable to the landowner when evaluating an Oil and Gas Lease Addendum. However, landowners must be aware that ALL ADDENDUM HEADINGS ARE NOT CREATED EQUAL.
As an example, one of the most important landowner friendly terms to be included…
Posted on October 28, 2011 at 12:30pm — 6 Comments
Transferring Gas Rights Permanently vs. Transferring an Existing Oil and Gas Lease
Posted on October 15, 2011 at 8:20am — 1 Comment
Should I Sell My Marcellus Shale Rights?
Many landowners across Pennsylvania are receiving solicitations by companies, partnerships, and even hedge funds seeking to purchase their Marcellus Shale natural gas rights. It is critical to understand whether these solicitations are for a permanent purchase of your Marcellus Shale gas rights, or whether you have received an offer to lease your Marcellus Shale gas rights.
Many individuals may be confused when they receive these…
ContinuePosted on October 4, 2011 at 4:00pm
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