"Halcon was nowhere around, at least at the meetings I was at. They never represented anything to anyone as far as I can tell. But what happens when the lawyer/broker representing you violates his fiduciary responsibility and verbally…"
"If Jim was so uninformed he should not have been promoting himself as knowledgeable. I got into arguments on here when I tried to explain the SAME weakness in the Hilcorp lease CX was peddling. On 5/4/12 on this forum here is what I…"
""Thees guys are not new to the oil patch" - obviously, as many just found out.
I said anyone can research Halcon's principals, which I did. In fact I discussed Halcon and Floyd Wilson at length with some long time producers in…"
"I can only speak for myself on this issue. I went to the CX/Hilcorp meetings last year and the Western/Hilcorp meetings. I thought the money and percent was ok but the terms were poor and didn't sign. The two hilcorp leases…"
"Tim: Will appreciate the info. Sorry I did not see your friend request sooner. I live in SC but used to live in Mercer County Pa. Have 237 acres of as yet unleased land in French Creek Twp. Venango County, Pa just up over the hill from Utica, a…"
"Western Land services was using the term "Hilcorp Direct" i.e. they were retained by and paid by Hilcorp to sign up leases, NO commission or fees to the landowner. If Co-x negotiated with Hilcorp for Tracy's lease and she is…"
"This information was readily available. The Friendsville lease I believe is 2 1/2 years old. Those people put together one hell of a group, I give them credit. Even though ALOV has been criticized they got a way better lease from…"
"I'm confused. M&P and Co-x took the standard Hilcorp lease, word for word and changed/added a few addenda. I have copies of both. Hilcorp was more than happy to have you sign direct with them. So why pay the…"
"My neighbor just called and they told him they were not leasing any more.
Not hard to figure out who it is, the usual suspects. Google search "mercercountygaslease.com" it was the seventh one down for me.
What cracks me up is that the…"
"These are the standard Hilcorp and Co-x leases going around. Many of my neighbors signed, so no numbers for me. They weren't concerned because most of them had no idea what they were signing, all they knew was they were getting 3K…"
"I'm looking at the Co-x agreement and here is what it says in section 2. 3. "....Owner shall pay a transaction fee through the Lease agreement with the successful Bidder, in an amount equal to 5% multiplied by the gross up front and…"
"I've been to both Hilcorp and Co-x events. Hilcorp's event was through their direct representative Western Land Services. I have seen neighbors leases that they signed. They were the same as the ones I was offered. …"
Tim: Will appreciate the info. Sorry I did not see your friend request sooner. I live in SC but used to live in Mercer County Pa. Have 237 acres of as yet unleased land in French Creek Twp. Venango County, Pa just up over the hill from Utica, a little town on French Creek. French Creek flows into Allegheny River a few miles downstream at Franklin, Pa.
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 ]