Chesapeake renews Salem gas well lease for $1.25M - GoMarcellusShale.com2024-03-29T09:47:42Zhttps://gomarcellusshale.com/forum/topics/chesapeake-renews-salem-gas-well-lease-for-1-25m?feed=yes&xn_auth=noRon Hale, So Sorry !
tag:gomarcellusshale.com,2015-01-09:2274639:Comment:6524832015-01-09T02:19:44.833ZNancy LeNauhttps://gomarcellusshale.com/profile/NancyLeNau
<p>Ron Hale, So Sorry ! </p>
<p></p>
<p>Ron Hale, So Sorry ! </p>
<p></p> All the ALOV leases were 3 ye…tag:gomarcellusshale.com,2015-01-08:2274639:Comment:6527282015-01-08T21:52:40.639Z0ym9x5ag7ury2https://gomarcellusshale.com/xn/detail/u_0ym9x5ag7ury2
<p>All the ALOV leases were 3 year Secondary Terms. I would bet that Salem has an ALOV lease.</p>
<p>Guess why they are getting money early? Chesapeake is stealing all of our Natural Gas Liquids.</p>
<p>Prove me wrong and I'll give you my last 6 months of Royalty income. It's not much since the NGL deductions were as high as 176% which means CHK took our NGLs free then subtracted 76% of our NGL value from our oil and natural gas royalties.</p>
<p>See you all in court when your Royalty Payments…</p>
<p>All the ALOV leases were 3 year Secondary Terms. I would bet that Salem has an ALOV lease.</p>
<p>Guess why they are getting money early? Chesapeake is stealing all of our Natural Gas Liquids.</p>
<p>Prove me wrong and I'll give you my last 6 months of Royalty income. It's not much since the NGL deductions were as high as 176% which means CHK took our NGLs free then subtracted 76% of our NGL value from our oil and natural gas royalties.</p>
<p>See you all in court when your Royalty Payments start.</p> Maybe Salem should check this…tag:gomarcellusshale.com,2015-01-08:2274639:Comment:6525442015-01-08T03:59:05.037ZTrapperhttps://gomarcellusshale.com/profile/GlennArmstrong
Maybe Salem should check this out before cashing the check?
Maybe Salem should check this out before cashing the check? Brad, Thank you for your inpu…tag:gomarcellusshale.com,2015-01-08:2274639:Comment:6523942015-01-08T03:16:14.340ZNancy LeNauhttps://gomarcellusshale.com/profile/NancyLeNau
<p>Brad, Thank you for your input ! Many Thanks, Nancy</p>
<p>Brad, Thank you for your input ! Many Thanks, Nancy</p> I think maybe the lease is fo…tag:gomarcellusshale.com,2015-01-08:2274639:Comment:6524432015-01-08T03:04:48.661ZBradhttps://gomarcellusshale.com/profile/bradsiters
I think maybe the lease is for 5 years instead of 3 either someone made a mistake or Chesapeake trying to pull a fast one.Think I did the math right for 5 years it comes out to a little over 3500 an acre.Just a thought.
I think maybe the lease is for 5 years instead of 3 either someone made a mistake or Chesapeake trying to pull a fast one.Think I did the math right for 5 years it comes out to a little over 3500 an acre.Just a thought. Todd, Me too....... Can you h…tag:gomarcellusshale.com,2015-01-08:2274639:Comment:6523872015-01-08T02:34:51.823ZNancy LeNauhttps://gomarcellusshale.com/profile/NancyLeNau
<p>Todd, Me too....... Can you help us Trapper ? Where are we going wrong ? Thanks !</p>
<p>Todd, Me too....... Can you help us Trapper ? Where are we going wrong ? Thanks !</p> Why is it that when I divide…tag:gomarcellusshale.com,2015-01-07:2274639:Comment:6523652015-01-07T17:49:42.188ZToddhttps://gomarcellusshale.com/profile/ToddSmith
Why is it that when I divide $1,252,903 by 211 I get $5938/acre?
Why is it that when I divide $1,252,903 by 211 I get $5938/acre? 2 wells paying $8,000 to $10,…tag:gomarcellusshale.com,2015-01-07:2274639:Comment:6523552015-01-07T04:13:34.805ZTrapperhttps://gomarcellusshale.com/profile/GlennArmstrong
2 wells paying $8,000 to $10,000 per month on 28.33 acres.<br />
=$141.00 to $176.00 per acre per well in royalties.
2 wells paying $8,000 to $10,000 per month on 28.33 acres.<br />
=$141.00 to $176.00 per acre per well in royalties.