Anterro Checks 2 months late

I have acreage in 2 units in WV that have been receiving royalties.  Have not received the last 2 months checks? Is anyone else having this problem???

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Permalink Reply by S Maxwell on April 25, 2018 at 6:53am

You don't define what you mean, but I assume you mean you were getting a check but for the past two months none arrived. We are on direct deposit and it pays every month.  Understanding of course that Antero pays normally three months in arrears, so December production was paid at March month end.

Permalink Reply by Skid on April 25, 2018 at 9:22am

Receiving electronic deposits as usual, typically the last day of the month, along with email containing details.

Permalink Reply by Steve Crowe on May 12, 2018 at 12:07am

No check this month for me. What's up?

Permalink Reply by Skid on May 14, 2018 at 2:12am

Contact the company. Does your email with the printout generally come from Jen Olivas? She has been helpful to me in the past. 

Permalink Reply by catt on May 15, 2018 at 11:15am
Should readread.... after the lease is up.....do they try to renegotiate the lease?
Permalink Reply by Skid on May 16, 2018 at 3:03am

Our five-year lease was signed in August 2014. I do not expect to hear from Antero because the lease remains in force as long as old and gas is produced. Production is taking place.

Permalink Reply by catt on May 16, 2018 at 5:10am
We are not in a unit yet......so not held by production.
Permalink Reply by Steve Crowe on May 15, 2018 at 11:45pm
Hadley 8h is shut in. That's why no check according to antero
Permalink Reply by catt on June 7, 2018 at 11:06am
What's up with Antero.....anyone else in Guernsey County Millwood Township( that your lease is about to expire) get a letter from Antero stating they would renew your lease for only 500.00 dollars an acre?
Permalink Reply by David Cain on June 7, 2018 at 2:29pm

Catt,

I know a lot can change in a year but I leased with Eclipse last March for $5,000 per acre (split evenly between signing and one year later at 17% "no cost" royalty.  I used KWGD to negotiate the lease.  I am also in Millwood.  Were you originally signed with Rex and then bought out by Anterro?  It seems to me that there is an "understanding" between Anterro and Eclipse in that Eclipse controls Millwood and Anterro gets northeast Noble county.  I also wonder if these companies are holding off on leasing until they are ready to put you in a unit.  I hope the offer gets better for you.  The wells in Millwood have been really strong producers.  

Permalink Reply by catt on June 7, 2018 at 11:50pm
We originally leased with Antero....the lease has never been traded or sold and the original lease was for 6000.00 an acre.
Permalink Reply by LandmanDad on June 8, 2018 at 3:06am

Very common issue - could be any number of things. Could be reworking the well, working on another well on the pad causing the others to be temporarily shut in for safety reasons, could have reconfigured the unit causing you to go into negative suspense, etc. If you call them they should be able to tell you, however, this happens all the time.

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