I would appreciate some feedback from anyone who has experience with signing a seismic permit request, and then regrets it. My parents have 60+ acres in Sullivan county and so far have not signed a gas lease for various reasons- concerns about how it will affect their land, their water, the environment around their home, etc. Pretty much all of their neighbors have signed, however. The agent for Geokinetics sweet-talked them, I think, and made them believe the document was not really legally-binding, etc...Anyway, they signed for $5 an acre , for 18 mos. time frame. There is no mention of the company specifically repairing property damage from truck tires, etc, and in fact it makes reference to the $5 per acre being compensation for damages, if any, to the property...it is the 3D testing they are doing.
My parents want to back out of this if possible, and if it isn"t possible, do they have a chance to add an addendum to the agreement to protect them, like asking the company to agree to repair surface damage, give them notice when they plan to come onto the property, etc?
Would the company bother to sue them if they alert them they are not welcome to come onto the property and they have had a change of heart? Their main concern is their water, damage that may occur from the blasts, etc...