Montage/Eclipse Taking 97% Deductions

Everybody who has a lease with Montage/Eclipse, be sure to check your July statement.  They took 97% in deductions from my property in Ohio this month.  You read that correctly: ninety-seven percent of my royalties were deducted.

If this is happening to you, write it here.  If you are an attorney who is interested in making some cash from a class-action lawsuit, write it here.  

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Permalink Reply by G.H. on July 29, 2020 at 4:14pm

If there is anyone interested in class action, count me in.  They took a cool 96.3% from me this month.  Crooks, the lot of them.

Permalink Reply by Joe C. on July 30, 2020 at 1:44am

Quick question, did you sign a lease keeping the Post Production or did you have that taken out? Thanks

Permalink Reply by stark70678 on August 4, 2020 at 1:01pm

How exactly do you figure up what they took out?

Permalink Reply by Dave in Ohio on August 16, 2020 at 7:05am

Check the bottom line of your monthly statement.  Divide deductions/gross, and that's what percentage has been taken. 

Permalink Reply by Fast on August 6, 2020 at 2:42pm

We have same problem. We would be willing to go in.  Bout ready to go solo at this point.

Permalink Reply by Dave in Ohio on August 16, 2020 at 7:08am

I think if more people checked their statements, they would be outraged.  I've reached out to attorneys that I've worked with in the past, and every single one of them has flipped to representing the companies rather than landowners.

If you know anyone else with these issues, tell them to post it here!  We'll put all the info in one place.

Permalink Reply by Fast on August 12, 2020 at 6:15am

They take 2k in deductions and you get $100. The 100 bucks doesn’t come close to a 25% royalty 

Permalink Reply by G.H. on August 12, 2020 at 6:56am

Yes, you see it right on the check, looks like this, for example: Owner Gross: $2000.00; Owner Net: $100.00

A nice kick in the balls when you open the mail.

Permalink Reply by Fast on August 12, 2020 at 7:15am

Right 

Permalink Reply by Dave in Ohio on August 16, 2020 at 7:08am

Couldn't have put it better myself.

Permalink Reply by Dave in Ohio on August 16, 2020 at 7:08am

Deductions from gross royalties

Permalink Reply by Shower Bath on August 12, 2020 at 4:00am

Southwestern Energy has an offer for an all stock deal to take over Montage which was just announced today.

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