"no i didnt they just came over talked to me about it and i signed the lease. then she called me back and said that it looks like i have the mineral rights then the week that i was supposed to get my check i got a paper in the mail stating that they…"
"i signed my lease with chk and im in goshen as well and waited 110 days and the week i was supposed to get my check they sent me a letter telling me that after a title research the followin parcel is being held by production therfore null and void.…"
"It's worse for people who file as independent contractors and pay quarterly. Next December they'll have to pay 110% of what they paid last year. If they received a bonus check in 2011 they'll have to pony up at the end of 2012 based…"
"i know...it is a big bite out of the check.....someday I hope to feel that pain!
Thanks for the tax tip....I'm sure most folks getting lump sum bonus checks are not aware of this....as that most likely have not had to deal with large…"
"Good question. I have no idea. I believe that the O&G companies have several criteria they look at to determine where they will drill and when. I think they would drill where leases are about to expire before they would newer…"
"I just filed my taxes on the lump sum and found out that you need to file by Jan 17, 2012 or you will be fined for not filing on time. I thought that becuase I was a working taxpayer that I was okay but it does not apply to the lump sum, that…"
"As this is just down the road from me does this mean that my area has a better chance of a new well sooner? I am still somewhat confused on the royalty thing. I have 120 acres so if they go under me are they giving me royalties for all…"
"I did hear from a reliable source that Chesapeake purchased a 300+ acre farm on Blizzard Ridge as a location for a pumping station (multiple lines coming in...). I was told the owner of the old factory tried to get them to buy it but that…"
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 ]