Hi Rick. I just sent Rice a default letter as per terms of my lease. That starts the 30 day clock for them to either pay up or give up the Utica rights. Have you heard anything more from that company, Kinetic Energy?
Hi Rick . I haven't gotten my Utica check. It was due by tomorrow. I recently called rice for an update They said they would call me right back, but never did. I have given them the benefit of the doubt in the past, but now I'm not so sure about them. You were put in a unit , so I'm sure you'll get a fight from them if you re- lease. I don't know of kinetic energy... Did you find them or did they find you? Are they offering anything like the old leases?
i noticed today that a right of way agreement was recorded this month for two of the denny tracts. i wonder if this means something is happening regarding a possible well there soon. i hope they put together a unit soon.
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 ]