Payment cancelled by Shell

Has anyone else had this happen? The title to my property had no deficits (according to the Cambridge Office). I called Amegy bank today to see when the check would be sent and I was told that it was “cancelled per land department directive”.

I called Shell in Cambridge and they have no idea what is going on. Any thoughts?

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Replies to This Discussion

Permalink Reply by Tom Essey on April 25, 2012 at 3:56am

thats what i am told. i called bruce dondzilla at holland after i called amegy and he said the process goes from them to somewhere in fort worth for abstract and review, goes back to holland for either fix up or approval and final step is down to shell. i am at the final step with shell. i have gone through the recording, abstract, review, sign off, now the final review and sign off with shell.

Permalink Reply by Mark Thompson on April 25, 2012 at 4:05am

Thank You for sharing!  That is good news...please keep us posted.   Thanks!

Permalink Reply by Tom Essey on May 3, 2012 at 10:47am

update mark, i was told that i would get my payment the 2nd of may. well, the 2nd of may come and nothing. today, the 3rd of may has come and sure enough, a certified package come in the mail. and there it was. be patient folks, its coming.

Permalink Reply by ANONOMOUS! CUZ I CAN BE! on May 3, 2012 at 2:18pm

Tom,

Was you a part of the Original Shell Landowner group?  If so, how many acres do you have? And what township you live in?

Permalink Reply by Tom Essey on May 3, 2012 at 2:38pm

i was with the group that signed the week before halloween at the training center. my property is in knox township with 22 acres.

Permalink Reply by Landowner Guernsey County on May 3, 2012 at 2:41pm

Who told you when you would recieve your payment?

Permalink Reply by Billy Park Whyde on May 3, 2012 at 2:42pm

Congrats Tom, ya might suggest they study Ebay as most sellers there will provide a tracking number for ya! lol

Permalink Reply by Tom Essey on May 3, 2012 at 2:50pm

@landowner, the polite lady at amegy. i called her up and asked when i would expect my payment. she asks for the bonus amt and name and told me as to when its DUE TO BE OWED.

Permalink Reply by Mark Thompson on April 24, 2012 at 8:33am

Sean,

I see that your lease expired on April 20th.....  I am not sure why you think this is a bad deal...  I have been told that they have a backlog and that they are waiting until the last day to cut the check.  Have you called Amergy?

Permalink Reply by Mark Thompson on April 24, 2012 at 10:42am

I totally agree you should have been paid by now....I would call Amegy bank to see if they paid the draft.  I would contact your landman from shell and ask him to make some calls and find out the status of your lease.   Can you let us know how this process goes?  My draft expires May 15th, and I would like to know what to expect...I know there are a lot of others holding these drafts.  Again, I was told to expect a check to go to my bank via us mail within 10 days of the expiration of the draft.  

Permalink Reply by bo boboski on April 24, 2012 at 8:57am

You could wait 10 days, or get a release & sign with someone else & wait another 5/6 months. I still think if you wait a year,you could sign for much more! The wells that are close & coming online are called "prolific"

Permalink Reply by Mark Thompson on April 26, 2012 at 6:26am

Sean,

What did you find out?

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