KWGD will be having a group meeting this Thursday at 6 p.m. at the Powhatan Elementary School in Powhatan Point, OH in Belmont County.  They are looking to close this group at the end of the month.  Anyone still looking for a lease in from Belmont County should attend.

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All of the KWDG clients in Guernsey were paid on time.  Many of the landowners that signed on their own were not paid on time or at all.  

The first deal with Hess fell apart.  The deal with Gulfport had 100% payment.

I was at the meeting with KWGD . They say they have the coal issue under control . As far as going it along good luck on that one . Been there and tried it .I have had 2 main player's  lease's reviewed by 2 different law firms and  a land men that I know personally and it has flaws and leaves a lot on the table .

Don't get caught up in that a group or a law firm isn't worth it . That's foolish .

I am giving you free advice do with it what you will .

The Land men that the big companies have hired have one thing in mind -- buy it cheap with as little 

perks as possible  PEROID !

Notice that the new Land men lease's have no mention of the in leiu of  free gas payment just to mention one thing .

The O-g companies have many landowners right where they want you .They are splitting up land groups and tying up leases . 

Just beware !

Did they announce a deal with an O&G at the meeting?

No , not a deal yet . They are extending the  group until the 2nd week in November .

They feel confident with the buyers that they will have a deal soon .

Deal Real soon .........not heard that before

Me and 10 neighbors have 35 acres all tied together,willing to sign as a group,but KWGD was not interested cause they require each landowner to have at least 20 acres. So if you have less than that, dont bother going!

They call that work?

The O&G is responsible for the title work, not KWGD, as far as I know. Their Gulfport - Guernsey county deal from 2011 specified "No Warranty of Title" under article 25 of the lease document. I would assume they will structure this deal in a similar manner with the same or very similar lease document. They stipulate in the letter of engagement that you must have clear title or you are not eligible to participate in the first place.

Finnbear, what do you mean by "Clear title"?   So if my father in law has a deed of trust on us, then we cannot sign?   Is this for any lessor or just certain ones?  

No prior leases on the property, no mineral interest reservations, no missing heirs, etc. If you are considering leasing, you should have checked all this out ahead of time, either yourself or through an attorney. Basically, you need to be able to legally prove you own the mineral interest you are considering leasing out. It sounds elementary, but many who sign leases end up not owning what they thought they did.

I did yesterday and we should be good!  THANKS!

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