Replies to This Discussion

Permalink Reply by time will tell on March 1, 2012 at 10:16am

Tom , I will get you the info with a number soon , i'm in the middle of a project .

Permalink Reply by time will tell on March 2, 2012 at 12:17pm

Tom Frey, can you add me to your friend list .

Permalink Reply by Tanya Gabriele on March 2, 2012 at 7:49pm

Hello Ridgeman.  Where did you hear that CHK was flipping leases?  That's interesting.  They sure spend a lot on TV advertising.  If what you say is true, then CHK is a front--for which company, Exon?  Thanks.  

Permalink Reply by dr j on March 2, 2012 at 9:01pm

Tanya

Chk is not flipping leases.   In their transaction with Total from last year, the lease acreage CHK holds was given consideration at 15K/ net acre.   

 http://www.businesswire.com/news/home/20111103006907/en/Chesapeake-...

Permalink Reply by Tanya Gabriele on March 3, 2012 at 2:48am

Hey Dr. J.  That was a good article.  Thanks.

Permalink Reply by time will tell on March 3, 2012 at 6:40am

dr j and Tanya , that's what I was referring to . Thanks for the link .

Permalink Reply by Doulittle on March 4, 2012 at 5:29am

Thanks for the article link. I had several news items on this before, but the details in Reuters art. detail that CHK is NOT flipping or selling off totally their interests, but is "partnering" with TOTAL, SA. CHK will continue to benefit and provide drilling services. 

Many people perceive CHK's TOTAL move was one of distress....actually a pretty astute alliance which gains them $$$ capital and still allows them to earn in future as wells are drilled in future.

"These oil and gas guys didn't just show up here after having fallen off the back of any turnip truck...."

(Is that how that phrase goes?)

Stay tuned for my next contribution. Possible title: 
"Thumper Citing in Columbiana County.... "

btw, Any new ALOV website citing?

Permalink Reply by 015334grltd9m on March 1, 2012 at 7:31am

When you are putting together a puzzle and you have 70% of the puzzle finished, in business you can kick back and play with the owner of the smaller pieces until your mommy says finish the puzzle already, then you give the remainders what they will sell for.  In the meantime bargain, the drills are not here yet "en masse."

Permalink Reply by Doulittle on March 1, 2012 at 5:43am

Confirms the same info I came across. Some blog members may not want to hear.

Again, Don't Shoot the Messenger(s)!

Permalink Reply by time will tell on March 1, 2012 at 10:16am

LOL Doulittle 

Permalink Reply by Doulittle on February 29, 2012 at 6:42am

Re-Post with corrected Link:

Newest legal info from Columbiana County area:

33 landowners sue over oil, gas leases signed before fracking boom

In regards to my previous blog post: where does this legal squabble leave CHK?

Thanks Finnbear for catching that. ....Shouldn't have been trying to build reply so late at night; and I hadn't even been partying...

Permalink Reply by Jeff Cleer on February 29, 2012 at 6:56am

That suit isn't going to go anywhere. I can't believe they even found a lawyer who would take it. I can hear the judge laughing right now. I had offers for a hundred bucks an acre but I didn't sign. Shame on the landowners for not doing their homework. How many times a day in America do corporations take advantage of customers? No its not right, but its also not worthy of a lawsuit. Contract signed, sorry bout your luck.

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