We are tied in with an old obsolete shallow well lease and we feel it is unfair for deep well drillers to hold us to the old royalty of 12.5% when all new leases are getting 18%. They should be forced to pay the current rates no matter what the old lease states.
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 ]