Signing bonus

For those of you that received or are expecting signing bonuses, did the company you leased with send you a letter telling you when to expect payment or did it just show up?

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Permalink Reply by martin on November 29, 2013 at 5:01pm
I am not sure what you mean by that.
Permalink Reply by Tim Tarr on November 29, 2013 at 6:07pm

Martin

    That's covered in the "Lease Term" paragraph. One of the terms on mine said storage would extend the Lease. So I got a no storage rights addendum. Also got them to strike disposal and injection wells. 

Permalink Reply by John W See on November 29, 2013 at 7:57pm

Has anyone heard what the average signing bonus is or was in eastern ky or even western wv?

Thank you mrsee

Permalink Reply by Nancy Mosley on November 29, 2013 at 8:05pm

Ritchie : $1500 to $1800 / acre in eastern Clay district

Permalink Reply by patti on December 2, 2013 at 10:37am

Just showed up, regular mail. 

Permalink Reply by martin on December 2, 2013 at 11:01am
Your bonus check was in regular mail? Wow first time I heard that. How long did it take after you signed to get it? Who did you lease with?
Permalink Reply by George Leshy on December 2, 2013 at 2:58pm

We signed with Gulfport.  Were told we would receive bonus check in 120 days but it arrived in about 70 days.

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