With gas prices where they are, I'd tell you to take a hike. I don't think they really want to deal with you in today's environment. Unless you own 10's of thousands of acres, its just not worth the…
Read it again, they are assigning only a 25% interest in the lease, not the entire lease.
And if you don't know who Total is, you maight want to do a bit of research. They are one of the largets oil and gas companies in the…
Why on God's green earth would you fight this? CHK has retained operatorship and the deal with Total will allow them to get your lease drilled faster. People who jump to this reaction are a pain in the arse. This is a good…
Good luck getting approval for an export site on the Eastern seaboard. Too many wing nut nut jobs on the east coast. They won't let us drill offshore, they won't let us put up wind farms, etc. LNG export facilities are…
First, the reason you may not see an immediate drop in your electricity bills is that electric companies have to buy gas ahead of time and have to commit to term contracts. These contracts could have been written 6 months or 2 years ago when…
Don't believe anything he says. HE LIES! And is a sleazeball Chicago politician and a Democrat. They will say anything and sell out anyone to get re-elected and to continue to confiscate our hard earned money. Watch…
With gas prices under $3, I really hope they shut down drilling for a while. We've got too much gas on the market. It would be better to keep the gas in the ground and wait for prices to rebound.
Alan: you are right to always question numbers presented in press releases and earnings conference calls. There are lots of ways to spin a "fact". That being said, I doubt C?HK would miss 100 versus 1500 bbl/day. It…
Marathon is now two separate companies, one doing the refining/marketing and the other doing the exploring/producing of crude/nat gas. If either is involved it will be the explorying/producing. My money is NOT on any of the majors…
Have you or Brett ever bought a car or a truck? What these guys were telling you AT THE TIME was that this was the best offer they could give you. Two months later, the prices had gone up. But that's the price of the…
One addition/clarification. At the end of the end of the primary term, the acres not included in the unit could also be extended, assuming the original lease had clauses allowing for an extension. And generally, these extensions are for…
VG: I'm kind of confused on your issue with the "renew at 5 years" piece. All leases say that if a well is drilled and producing, then the lease is in effect until that well stops producing in paying quantities. So,…
Indoctrinate the children early and you can lead them down the long road to oblivion. Tactic number one of the environmental extremists and their accomplises in the Teachers Unions!