Lawrnece J. Carmalt Sr.'s Page

"Boy what doom and gloom!   :>)"

"A lady I know expressed her concern about her water if she signed a gas lease but confided that she had signed her 120 acres because even if she didn't sign a lease they could still drill under her property as long as the gas company had 90% of…"

"We signed a lease which included a 90 calendar day payment of the signing bonus.  We had a lawyer negotiating our lease and we got a good deal at the time of our signing even though it is possible that the bonus and royalty may increase…"

"For your information here in Belmont County Ohio we just signed for $4950. per acre signing bonus and 19% Royalty.  So my advise to you is to hold out for more.  Jefferson County, Ohio also got $3,700. per acre and 17% before Belmont…"

"Some people have signed for $50 or less and 12 1/2%.  They have been ripped off by the lease purchaser.  They are well aware of the true value of the gas on the land and offer what they call a competitive agreement.  What a joke that…"