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Permalink Reply by SBRW on July 5, 2012 at 7:45am

Other than Shell not paying, not honoring their lease, no new leasing etc.... nope nothing that I'm aware of. 

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Permalink Reply by Oliver Perry on July 5, 2012 at 8:05am

All of the above, appears they have come to a standstill for an unkown reason. They say it's budget related, but that's hard to believe.

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Permalink Reply by SBRW on July 6, 2012 at 8:36am

The game/bs they pulled with us -- played dumb and basically said they had to get a surrender of lease from the previous lease we had recorded etc... When I have e-mails asking if they needed such and if so I could get them whatever they needed and have at lease signing and the land man said no as your old lease specifically says it expires dec.31 from the snyder/MDS deal that never materialized.  So basically they let our draft expire and said we would have to get another lease signed but Shell is not signing any new leases currently even though we signed ours 7 months ago it was not good do to the surrender of lease just being recorded from the old lease when again the old lease specifically said it was no good as of Dec. 31 last yr.  Plus again we asked and told them we could get them what ever they needed but they said we were good and they had the old lease high lighted where it said on  Dec. 31 it expires etc... Was told they would be leasing again once more funding was released but who knows when and to what terms etc... Just a shame for everyone that signed and then get the run around and or were told they were to sign and now not accepting any new leases.  To sign someone and then to never hold up your end is down right wrong and bad business.  When your a huge company the little people you manipulate and bs means nothing unfortunately.  Typical corporate bs.  They seemed like good honest people and company and some were paid but the ones that they backed out on have a real bad taste and the word is not good from alot of the local land owners who have yet to sign or did and the lease was not honored. 

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Permalink Reply by SBRW on July 6, 2012 at 11:03am

Hi Mike,

 Clay Twp. 

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