PHILIP ANGELO
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Big trouble for Chesapeake
12 Replies

    This is part of a news piece from Bloomsberg, And I can contest to it first hand.  The leaseholders also accuse Chesapeake of consistently underpaying proceeds due under their leases. They claim…Continue

Started this discussion. Last reply by Finnbear Dec 3, 2012.

Deductions from royalty check any Idea????
69 Replies

Does anyone have a Idea.Just got my first check they took almost 50%. Continue

Started this discussion. Last reply by PLOVER Sep 7, 2012.

State production site up date?
2 Replies

Does anyone know when they up date the prodution numbers on the State site?Continue

Started this discussion. Last reply by PHILIP ANGELO Jul 19, 2012.

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Latest Activity

Finnbear replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"Enervest?"
Dec 3, 2012
Stan G replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"Does any one know if anything has been done to try and resolve this problem? I recently got my 1st royalty check in Bradford county, Pa and feel the same way. CHK's deductions are 34% (w/o any taxes), Statoil is only 20% deductions. The…"
Dec 2, 2012
JK replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"JJ, I agree with you. CHK is tricky business all the way until they get caught yet once again."
Dec 1, 2012
PHILIP ANGELO replied to Lea's discussion 'Insight: Is Ohio's "secret" energy boom going bust?'
"Sounds like an attempt to keep prices down, for leasing purposes. Watch that chesapeake.  "
Oct 22, 2012
PHILIP ANGELO posted a status
"Deal between Chesapeake midstream and Access midstream smells bad for landowners and deductions"
Oct 7, 2012
0 Comments
PHILIP ANGELO replied to RRJ's discussion 'Offer from Chesapeake ...'
"RRI, $500 is way to cheap ,18% "no deductions" might be good .call a lawyer to add some language to protect your self. DONT TRUST CHESAPEAKE!!!! they are telling you you are in a proposed unit this means nothing. I would shop it ask…"
Sep 29, 2012
PLOVER replied to PHILIP ANGELO's discussion 'Deductions from royalty check any Idea????'
"... I BELIEVE "The Sales Price for the Oil  and  Gas  shall  be  determined  at  the Wellhead,  adjusted  for  BTU  content, without deductions " WAS A PHRASE FOR THE DAYS WHEN GAS…"
Sep 7, 2012
PLOVER replied to PHILIP ANGELO's discussion 'Deductions from royalty check any Idea????'
"  ... I BELIEVE "The Sales Price for the Oil  and  Gas  shall  be  determined  at  the Wellhead,  adjusted  for  BTU  content, without deductions " WAS A PHRASE FOR THE DAYS WHEN…"
Sep 7, 2012
WLW replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"Other companies have been doing the same thing for years in Ohio. Thats how they got to be the number one producer is the state of Ohio. Keep you accounting records so screwed up the landowners can't begin to follow them. Buy leases that if…"
Aug 24, 2012
Matthew Santiago replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"I don't exactly follow, what are you asking?"
Aug 24, 2012
PHILIP ANGELO replied to Joe Corrado's discussion 'Knowledge is Power.'
"Knowledge means nothing!!!! SIZE IS POWER Cheseapeake is to big to fight one on one. Their are no "GOOD LEASES" Cheseapeake controls everything when it come to natural gas they control the market. Do you think that it was a coincedence…"
Aug 24, 2012
Frank Nesmith replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"This is what I hear from almost everyone with CHK leases. Perhaps it's time for you folks to band together and get your own lawyer. I think this problem is HUGE! "
Aug 24, 2012
PHILIP ANGELO replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"Matthew,                Same problems with my check.  Prodution days are wrong, unit acre are wrong, volume # wrong, Deduction are crazy over 50% Something just…"
Aug 23, 2012
Matthew Santiago replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"Maybe someone can explain this to me because CHK could not when I called them today.  The DEP results for the first 6 months of 2012 on the Miller 3H well in Towanda PA is 588,115 mcf.  When I add up the numbers from my check stubs both…"
Aug 23, 2012
craig replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"http://www.bloomberg.com/news/2012-08-22/chesapeake-favored-ceo-mcclendon-over-leaseholders-suit-claims.html http://www.bloomberg.com/news/2012-08-22/chesapeake-favored-ceo-mcclendon-over-leaseholders-suit-claims.html http://www.bloomberg.com/news/20…"
Aug 23, 2012
JK replied to PHILIP ANGELO's discussion 'Big trouble for Chesapeake'
"Where is this happening? Who is involved and when did this happen?"
Aug 23, 2012

Profile Information

What is your role in the Marcellus?
Landowner
Why are you here?
Learning
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Marcellus

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