Deductions by Encinco

Is anybody noticing the deductions by Encinco. In addition to some taxes they are now deducting for “production costs”. When asked she said all leases are being reviewed and after that, the deductions would be refunded if they weren’t to deduct them. Said it would take months before they are done. Mine amounted to almost 1/3 of gross. 

Wonder if this is their way of getting cash and then will pay back months later. I didn’t notice it until now as they didn’t get the online owner info working until now. Waiting for June’s report but sounds like they are going to keep up the deductions until they finish review of all leases.

Is there anything we can do

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Permalink Reply by Dan on September 5, 2019 at 11:42pm

Wow....you need to start getting the real red pills.  Those generic ones have really screwed up your head.   

Permalink Reply by G.H. on September 6, 2019 at 2:13am

I actually feel really bad for anyone at Encino who is unlucky enough to pick up the phone when nutso Ron calls.

But back to the topic at hand - I have some royalties that switched over from CHK to Encino.  CHK did not pay on a monthly basis, but Encino does.  So the checks are smaller, but they seem to add up to roughly the same amount that I was getting from CHK.  Now, I'm not saying that either one of them is paying me a totally honest royalty, but that's been my experience with Encino so far.

Permalink Reply by farmgas on September 6, 2019 at 3:03am

I have been following GMS for over 10+ years now and always was happy for the advice & insights into what was happening within the gas industry here in PA, Ohio & WV.  There were the Chesapeake issues in NE PA that were disturbing to learn about but I believe have been resolved.   What I`m reading about now for gas companies in Ohio is disturbing to read, particularly the idea of organized conspiracies being advanced by posters for these gas companies.   I`m a landowner located in Central PA and I`m not aware of these same business practices here by major gas companies like EQT, CNX, Chevron or XTO.  Even smaller gas companies like H&H or Apex aren`t being criticized like the ones in Ohio.   If these companies are engaging in fraudulent behavior why hasn`t legal action been taken against them?   It would seem the Ohio State attorney general would be involved if fraud was being perpetrated against Ohio citizens.   

 

Permalink Reply by Ryan Gadworth on September 6, 2019 at 3:19am

Couldn't imagine having to deal with a guy who believes conspiracy THEORIES that he finds out about on youtube lol 2019 the world we live in today where people believe everything they find on the internet.

Is there any way to block Ron Hale so we don't have to see is off the wall posts that don't contribute anything worthwhile to this forum?

Permalink Reply by Dan on September 6, 2019 at 2:31pm

There was a time, here on GMS, that BS had to be posted in the opinion discussions area.  (Don’t know if there is an opinion section now). If not the discussion was moved or deleted.  Some members were banned.  Selling services was also frowned upon.    It’s a shame that nuts can take over a thread now.  Posts are scarce now a days and nuts scare many from posting.  The sad thing is, if Ron has a subsidized phone with internet, our tax dollars are paying for him to ruin a good thing.  He was missing from GMS for a few years.  Could be he spent that time with his eyelids pinned open watching U tube, or he might have been housed somewhere, as he says courtesy of the govt (again our tax dollars).  Felons have free internet.....where could he have been?  I’m guessing mental facilities don’t have internet access.  

Permalink Reply by shakeshale on September 9, 2019 at 12:53pm
Philippines
Looking for his mail order bride is what we heard
28clr6acuhbmvPermalink Reply by 28clr6acuhbmv on September 6, 2019 at 4:18am

I suggest that You folks call Your home offices and ask the legal department to check the status of the 110,000 Sealed Federal Indictments in  PACER.

You'll find a large number of Indictments have been opened for Florida and the STORM is moving West.

This is the Storm that Our President is Tracking, not the Hurricane. 

Get a good laugh from the Fake News that think Our President is tracking the Hurricane. Fake News is included in the Round Up. 

Ohio, WV, and PA will be freed of Corruption soon. This is Good News for Landowners, but not so good for O&G company executives.

If You have ever had someone steal from You, which we have all experienced, imagine being stolen from every month since 2005.  That's what US Landowners have had to deal with.

Our loss wasn't Your Gain, Your employers kept it all. Being free of Corruption could cause each of You to get a much needed pay raise for having to violate Your personal code of ethics in order to protect Your employers greed.

LLC Members have been stuffing their bank accounts for Years. I have the procedures they are using, along with 3,000 documents that will put Your taskmasters in prison. 

The NSA has all of my emails in the Hammer Super Computer. You can't stop what is about to happen. Corruption will no longer be a way of life in the Oil and Gas Industry.

That my Friends is Conspiracy Fact, brought to You by Q, Our President, Our Military and the NSA.

.

.

Permalink Reply by farmgas on September 6, 2019 at 4:27am

Holy cow!!!!

Permalink Reply by Jeffrey Beunier on September 6, 2019 at 4:37am
Wonder if anyone ever listens to him.

And if so, how long it is until they decide to watch the show, put their feet up, open a beer, and pop some popcorn. It’s like a daily comedy show, or soap opera...

don’t worry about facts, because they get in the way of a good story...

Until tomorrow’s installment, of As Ron’a World Turns. (Btw are there still soap operas on tv these days?)
Permalink Reply by william Allen. Ladd on September 6, 2019 at 5:20am

It is very easy to find fault with someone.  Bur what if they are partially correct? Are you willing to swallow your comments that were incorrect? 

Think about this fact...…. Life is a process of learning and trying to survive.  How many of you are making the wrong choices every day?  And none of these lessons ever sink in,  until maybe one day you find yourself past the point of no return?  Oh you had fun for sure with these poor choices.

I could easily point out some of the poor choices each one makes every day.    

Rather then to make fun of someone, it is better to try to understand his or her  thoughts!

Granddad Ladd 

Permalink Reply by Dan on September 6, 2019 at 3:26pm

Grandad Ladd,

 Life is surviving otherwise you are dead.  Food, shelter, clothing then comes learning, culture......institutions etc.  

“partially correct”.  Most cult leaders are probably 95% “correct”.  It’s the 5% that ruins and kills people. 

This is is supposed to be an O&G forum.  I’m sorry if Ron got ripped off and I wish him all the best, but It is not the forum communities’ responsibility to  understand, endure, debate or fix Ron’s mental or social problems.  There are plenty of forums out there for him to spew his BS.  It even appears he knows and is active in most of them already.  This forum is many times larger then just the folks that post.  Many more come here to read and learn.  If I was a first timer looking at GMS and read this crap I might want to become a socialist, atheist anti-fracker myself.  Folks don’t want to be mean but are tired of having to step through so much crap to get to their read.  Besides, if someone wants to spew crap they should expect to have some splashed back.

I do have to say I generally respect and enjoy reading your posts.

Permalink Reply by william Allen. Ladd on September 7, 2019 at 12:56am

So Dan where are the posts discussing the oil and gas industry here in Tioga county?  I did notice yesterday that Gasoline prices have dropped below  $2.80 at one station. and at others a couple of cents from where  it has been all summer long.

The "CRAP" you speak about is most likely the only way they can express themselves.   You see Dan, I try to look behind a person's words,  "JARGON"  or what ever they might say to better understand just their thoughts...….. or in the case of bizzarre   actions.

For instance why spend hundreds of dollars buying expensive clothing or items on sale, only to throw them, unopened and unused, in the trash a few weeks later? I really do not understand this kind of actions. 

I never had a large income.  I looked an  item I came into possession of and saw possibilities of using it or parts of it in the future.   Rather then to throw it away I tried to fix it. Or build something else I could use.

If we do not communicate with one another humanity will deteriorate back to small groups.And everything we have gained will be wasted. 

Granddad Ladd

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