We signed a lease with Antero 3 years ago for our 101 acre farm. They paid us. No problems there.
However, we just surveyed our farm so it could be sold and were told yesterday from the surveyer that we have 104 acres. Do we need to let Antero know? Would they have to pay on the additional 3 acres?
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Glad to help. Accept my friend request and we can talk a bit. Hiker.
Suzy of Arizona,
You're in excellent hands with Antero. They are one of the most community-minded and generous companies operating in Ohio. Even though they're based in Denver, most of their drilling activities are concentrated in southeast Ohio. A couple of weeks ago, the company donated $5,000.00 to the Barnesville hospital emergency treatment unit. And last year a company officer and his wife set up a million-dollar endowment at the University of West Virginia for an oil and gas law program. It's a really very fine company.
Just to add a little side note to the discussion, the surveys in West Virginia are notoriously bad. Six different surveyors could get you six different results. One thing that we found when diagramming the metes and bounds descriptions from old deeds was that a lot of them wouldn't close (make a shape where the start point and the end point touched). Some were so bad that they would make a letter C, others would curl back around on themselves. It's no surprise to me that your tract came up different from the original 101.15 acres. It's nice that it came up bigger. Let us know what Antero does, if you will?
I have seen the same. I always thought that a surveyor had to check their descriptions using a bit of geometry to make sure the sides actually meet but that seems to not be so. Nowadays, with a decent CAD system, this should be fairly simple.
They must have done something out there....they worked on it for 4 weeks.
I'm a lawyer, and my day is going a little long. Thanks for asking!
Duke. Duke Armentrout? I've negotiated with him before on some leases.
It really is pretty amazing what those landmen find out. It takes a while, but it's worth it to the company in the long run.
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