Beck Energy Appeals Court Decision

I talked to the Monroe County Court today and found out by pure accident that Beck Energy appealed their case just today.  For those that don't know, the case was moved to Washington County Court by the Ohio Supreme Court.  The decision came down that Beck Energy leases were "not in the Public Interest" in the state of Ohio.  In other words Beck lost and the landowners won.  Now the appeal process has begun.  My lease with Beck hangs in the balance as do 270+ Monroe County landowners just like me!

Views: 10131

▶ Reply to This

Replies to This Discussion

Permalink Reply by Schnoozie on September 6, 2012 at 6:13am

Good luck with that one.

He is a company landman with company lawyers behind him. Not saying it's a bad thing in any way. Acting like you are not to get leases is something alltogether different. 

I went to two meetings and asked questions. It would have been a whole lot easier to accept if they just said. We are here in behalf of....we are their representative.....we gat paid a percentage of the deal they offer to you....this is the deal they are offering....you might get picked and you might not. They may allow some changes....may not others...It's your choice.

Because this is actually what happened.

Permalink Reply by Judy Walter on September 6, 2012 at 6:07am
Joe, I for one appreciate the time and input you have shown re this case. I also believe the decision will be upheld. I also wonder why, as someone questioned in another discussion on this website, a Lessor should reap 100% of the deep rights by selling to another producer. I realize leases state a percentage of a producing well or delayed rentals. As I stated before, time for some changes!
Permalink Reply by searcherone on September 6, 2012 at 1:35pm

Posting this info in this position so all can follow another case.  In the U. S. District Court of Southern Ohio Eastern Division:   Wellington Resources Group vs. Beck Energy.

Wellington states Beck received $84,961,346 dollars from XTO for the transaction in Monroe County.  Guess what Beck forgot to pay the 5% fee owed to Wellington for brokering the deal.

A google search will find this,  Sorry I am not computer savvy to link or post it here, perhaps someone else can/will. 

Permalink Reply by Judy Walter on September 6, 2012 at 2:00pm
Thank you for bringing this into the discussion. I was aware of Wellington's lawsuit and believe at least John is also. Hard to believe someone as large as XTO would go thru with this purchase considering the lease language. Either these people have a lot of misplaced confidence in Wellington or don't believe the little guy has a prayer. Hope they are dead wrong.
Permalink Reply by Judy Walter on September 7, 2012 at 6:53am
Understand where you are going with this. Are you aware there is a third party that tried to get involved in the Wellington lawsuit? A brokerage firm from North Carolina, Transact. They say Wellington owes them 2% for their services in locating a buyer. No wonder it takes so long to try a case!
Permalink Reply by A. Hunter on September 8, 2012 at 7:03am

Joe,  since the court found that since Binder did not hold a real estate licence & could not receive a fee or commission on referring leased mineral law wouldn't that also have a major impact on the landman with a landgroup in several counties that also has no real estate license? is that why he has disappeared since his title deal went bust?

Permalink Reply by Jim Neuenschwander on September 10, 2012 at 11:34pm

Hi Billy

I appreciate the below info. Would you pls call me at 740 587-7453 to discuss the Licking County Fracking Advisory Committee of which I am a member-ourr work might help you?

Thx a lot

JFN+13 

Permalink Reply by Billy Park Whyde on September 11, 2012 at 7:28pm

 K on that will call ya tomorrow

Permalink Reply by Sherry Zebley on April 8, 2014 at 9:19am

I don't know what to do with this information.  I just found out that Beck recorded a lease on my property with a 2006 date that wasn't actually signed until 2007 or 2008.  And the information that was filed was for a Gas/Oil lease, but we actually signed a lease for an easement.  I don't know what to do or who to contact.  I haven't lived in Ohio since 2005, but even my address is stated as being down there.  Plus, I was remarried and just signed an actually lease a few months ago, and my new husband had to sign the paperwork also, because Ohio is a Dower state.  Should I contact Beck myself, or should I just contact an attorney?  If I need an attorney, who should I call?

Permalink Reply by The Hiker on April 8, 2014 at 11:25am

Contact Dale Arnold at the Ohio Farm Bureau.  He is an expert in the leasing process, gives seminars on the subject, and is an all-around good guy on your side.   Call him up if you like.  He has a list of oil/gas attorneys that he recommends, and would be glad to send it to you.   Make sure the attorney you get ONLY practices oil and gas law....not divorces, estates, etc...

Good luck;  this is not the first smelly story I have heard about RB jiggering the papers before filing them.

Permalink Reply by Sherry Zebley on April 8, 2014 at 1:31pm

Thank you so much.  I will be making a lot of calls.  I can't figure out how to make you a friend, or I would.  Thanks again.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service