Please check out Sister Site gohaynesvilleshale.com and check out the Discussion titled: "Minerals and Royalty: Or What Did I Just Sell To That Guy?" by GHShaler Dion Warr...Who is a frequent Professional…"
As I live in the Haynesville Shale in NW Louisiana...I hesitate to offer any words in either direction per CHK and your farm land being exposed to them. I will, however, say that I too am in constant "battle," with CHK and my…"
LOL. ...and your toes...and your nose... CHK leaves mineral owners with the lowest $/mcf of all other Payors, and docks their royalty checks for more % of deductions than other Payors.
If you or other GMShalers want a lesson on…"
Chesapeake paid $25K/acre bonus lease moneys in the Haynesville Shale. They also paid $50/acre. And, my neighbors received $8K/acre from CHK in October 2010, after the Sept. 2008 U.S. Economic Disaster, and two years…"
Simple answer...Yes. CHK does what CHK wants to do. IMO you need to get good O&G legal advice now. I am a CHK unleased mineral owner in Louisiana's Haynesville Shale. CHK makes it very difficult for…"
In Louisiana, prescription runs for 10 years. If no drilling occurs for 10 year, the minerals go to the current property owner/s. In Texas, however...mineral rights/water rights/etc. can be severed forever.
Just a friendly FYI…"
Dec 8, 2011
DrWAVeSport Cd1 is now a member of Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]