Deductions by Encinco - GoMarcellusShale.com2024-03-30T05:54:25Zhttps://gomarcellusshale.com/forum/topics/deductions-by-encinco?commentId=2274639%3AComment%3A809704&feed=yes&xn_auth=noHi D.C.,
It took many weeks o…tag:gomarcellusshale.com,2019-09-24:2274639:Comment:8114642019-09-24T20:11:47.927ZCynthia Cookhttps://gomarcellusshale.com/profile/CynthiaCook
<p>Hi D.C.,</p>
<p>It took many weeks of phone calls directly to James Lebeck, Encino's Chief Legal Officer, to get reimbursed for the amounts they wrongfully withheld from our royalty checks and that was AFTER they conceded that our lease was a gross lease and not a net one. We are in discussions with a Houston firm who conducts oil and gas royalty audits. Under Ohio law they can go back 4 years. One thing the audit firm pointed out was that it looks like Encino is only paying for around 20…</p>
<p>Hi D.C.,</p>
<p>It took many weeks of phone calls directly to James Lebeck, Encino's Chief Legal Officer, to get reimbursed for the amounts they wrongfully withheld from our royalty checks and that was AFTER they conceded that our lease was a gross lease and not a net one. We are in discussions with a Houston firm who conducts oil and gas royalty audits. Under Ohio law they can go back 4 years. One thing the audit firm pointed out was that it looks like Encino is only paying for around 20 days a month instead of 30 or 31. I am afraid that they are all crooks -- from CHK to Encino.</p> As soon as Encino took over,…tag:gomarcellusshale.com,2019-09-24:2274639:Comment:8111762019-09-24T17:02:57.242ZDan Thomashttps://gomarcellusshale.com/profile/KennethHall
<p>As soon as Encino took over, our royalty checks started dropping. The last check was about a tenth of the average we were getting from Chesapeake. WTF is going on? I understand the price of natural gas is low and apparently Encino is taking out more deductions, but something just doesn't seem right, our royalty checks are down to practically nothing! Is it worth it to call them? It sound like their service rep's are just spouting bs.</p>
<p>As soon as Encino took over, our royalty checks started dropping. The last check was about a tenth of the average we were getting from Chesapeake. WTF is going on? I understand the price of natural gas is low and apparently Encino is taking out more deductions, but something just doesn't seem right, our royalty checks are down to practically nothing! Is it worth it to call them? It sound like their service rep's are just spouting bs.</p> Cynthia Cook, THANK YOU for t…tag:gomarcellusshale.com,2019-09-24:2274639:Comment:8114632019-09-24T16:02:35.389ZD.C. Harrishttps://gomarcellusshale.com/profile/DawnHarris
<p>Cynthia Cook, THANK YOU for the phone number for Encino, 281.254.7070. I just called, and they took notes and will be reviewing my lease sooner rather than later because I called to complain, calmly, of course. I told the rep that it's a good thing we're not actually making that much right now (just 2/3 of an acre in a unit), or I'd actually be quite angry. THE REP INDICATED THAT ENCINO IS SEEING, UPON THEIR REVIEW OF THE BOOKS, THAT CHESAPEAKE WAS LISTING A LOWER SALE PRICE FOR THE GAS AS A…</p>
<p>Cynthia Cook, THANK YOU for the phone number for Encino, 281.254.7070. I just called, and they took notes and will be reviewing my lease sooner rather than later because I called to complain, calmly, of course. I told the rep that it's a good thing we're not actually making that much right now (just 2/3 of an acre in a unit), or I'd actually be quite angry. THE REP INDICATED THAT ENCINO IS SEEING, UPON THEIR REVIEW OF THE BOOKS, THAT CHESAPEAKE WAS LISTING A LOWER SALE PRICE FOR THE GAS AS A WAY TO TAKE DEDUCTIONS FROM MINERAL RIGHTS OWNERS SO THE OWNERS WOULDN'T KNOW! I'm paraphrasing, so don't quote me. Encino would politely call this a discrepancy of Chesapeake's part, but it's obvious they're taking this chance to bust CHK so owners won't be quite so frustrated with Encino while Encino reviews the leases and removes deductions that should not be taken and reimburses us for deductions erroneously taken by them. I asked for interest on the money, too. CHK never ceases to amaze me. If we want our money back from CHK, we'd have to sue and find a way to prove they weren't actually paid less than they claimed for the past decade.</p> Cynthia Cook, THANK YOU for t…tag:gomarcellusshale.com,2019-09-24:2274639:Comment:8114592019-09-24T16:01:34.481ZD.C. Harrishttps://gomarcellusshale.com/profile/DawnHarris
<p>Cynthia Cook, THANK YOU for the phone number for Encino, 281.254.7070. I just called, and they took notes and will be reviewing my lease sooner rather than later because I called to complain, calmly, of course. I told the rep that it's a good thing we're not actually making that much right now (just 2/3 of an acre in a unit), or I'd actually be quite angry. THE REP INDICATED THAT ENCINO IS SEEING, UPON THEIR REVIEW OF THE BOOKS, THAT CHESAPEAKE WAS LISTING A LOWER SALE PRICE FOR THE GAS AS A…</p>
<p>Cynthia Cook, THANK YOU for the phone number for Encino, 281.254.7070. I just called, and they took notes and will be reviewing my lease sooner rather than later because I called to complain, calmly, of course. I told the rep that it's a good thing we're not actually making that much right now (just 2/3 of an acre in a unit), or I'd actually be quite angry. THE REP INDICATED THAT ENCINO IS SEEING, UPON THEIR REVIEW OF THE BOOKS, THAT CHESAPEAKE WAS LISTING A LOWER SALE PRICE FOR THE GAS AS A WAY TO TAKE DEDUCTIONS FROM MINERAL RIGHTS OWNERS SO THE OWNERS WOULDN'T KNOW! I'm paraphrasing, so don't quote me. Encino would politely call this a discrepancy of Chesapeake's part, but it's obvious they're taking this chance to bust CHK so owners won't be quite so frustrated with Encino while Encino reviews the leases and removes deductions that should not be taken and reimburses us for deductions erroneously taken by them. I asked for interest on the money, too. CHK never ceases to amaze me. If we want our money back from CHK, we'd have to sue and find a way to prove they weren't actually paid less than they claimed for the past decade. [Note: I'm double posting this as an original comment so everyone will see it.]</p> For the people following this…tag:gomarcellusshale.com,2019-09-23:2274639:Comment:8113672019-09-23T20:13:18.377ZJoe Bezelhttps://gomarcellusshale.com/profile/JoeBezel
<p>For the people following this thread, let not your heart be troubled. Landowner groups are being formed, serious law firms are drawing up lawsuits. This isn't over, it's just starting. Stay tuned.</p>
<p>For the people following this thread, let not your heart be troubled. Landowner groups are being formed, serious law firms are drawing up lawsuits. This isn't over, it's just starting. Stay tuned.</p> As I was walking down the str…tag:gomarcellusshale.com,2019-09-13:2274639:Comment:8103602019-09-13T01:08:51.379ZDanhttps://gomarcellusshale.com/profile/Dang
<div><span>As I was walking down the street one day</span><br></br><span>A man came up to me and asked me what the time was that was on my watch, yeah</span><br></br><span>And I said</span></div>
<div class="secrsf"><span>Does anybody really know what time it is (I don't)</span><br></br><span>Does anybody really care (care about time)</span><br></br><span>If so I can't imagine why (no, no)</span><br></br><span>We've all got time enough to cry</span></div>
<div class="secrsf"><span>And I was walking down the street…</span></div>
<div><span>As I was walking down the street one day</span><br/><span>A man came up to me and asked me what the time was that was on my watch, yeah</span><br/><span>And I said</span></div>
<div class="secrsf"><span>Does anybody really know what time it is (I don't)</span><br/><span>Does anybody really care (care about time)</span><br/><span>If so I can't imagine why (no, no)</span><br/><span>We've all got time enough to cry</span></div>
<div class="secrsf"><span>And I was walking down the street one day</span><br/><span>A pretty lady looked at me and said her diamond watch had stopped cold dead</span><br/><span>And I said</span></div>
<div class="secrsf"><span>Does anybody really know what time it is (I don't)</span><br/><span>Does anybody really care (care about time)</span><br/><span>If so I can't imagine why (no, no)</span><br/><span>We've all got time enough to cry</span></div>
<div class="secrsf"><span>And I was walking down the street one day (people runnin' everywhere)</span><br/><span>Being pushed and shoved by people (don't know where to go)</span><br/><span>Trying to beat the clock, oh, no I just don't know (don't know where I am)</span><br/><span>I don't know, I don't know, oh (don't have time to think past the last mile)</span><br/><span>(Have no time to look around) And I said, yes I said (run around and think why)</span></div>
<div class="secrsf"><span>Does anybody really know what time it is (I don't)</span><br/><span>Does anybody really care (care about time)</span><br/><span>If so I can't imagine why (no, no)</span><br/><span>We've all got time enough to die</span></div>
<div class="secrsf"><span>Everybody's working (I don't care)</span><br/><span>I don't care (about time)</span><br/><span>About time (no, no)</span><br/><span>I don't care</span></div>
<div class="j04ED">Source: <a href="https://www.lyricfind.com/">LyricFind</a></div>
<div class="rvntgc"><div>Songwriters: Robert William Lamm</div>
</div>
<p></p> I’ll be honest, kind of a wea…tag:gomarcellusshale.com,2019-09-13:2274639:Comment:8103582019-09-13T00:50:02.417ZJeffrey Beunierhttps://gomarcellusshale.com/profile/JeffreyBeunier
I’ll be honest, kind of a weak post today in the “As Ron’s World Turns” forum
I’ll be honest, kind of a weak post today in the “As Ron’s World Turns” forum The time for talking is over.…tag:gomarcellusshale.com,2019-09-12:2274639:Comment:8104492019-09-12T23:25:42.516Z28clr6acuhbmvhttps://gomarcellusshale.com/xn/detail/u_28clr6acuhbmv
<p>The time for talking is over.</p>
<p>US Landowners have been abused longer than they should have been by US Domestic O&G companies who have had their way with us.<br></br>Those who have gone to court or arbitration have not seen justice.</p>
<p>Those who could have used Laws to stop the extreme theft in progress lost their way $$$. <br></br>Those in the O&G Industry or State governments who want to talk you are too late.<br></br>The Storm Approaches, complements of Our President Trump, Our…</p>
<p>The time for talking is over.</p>
<p>US Landowners have been abused longer than they should have been by US Domestic O&G companies who have had their way with us.<br/>Those who have gone to court or arbitration have not seen justice.</p>
<p>Those who could have used Laws to stop the extreme theft in progress lost their way $$$. <br/>Those in the O&G Industry or State governments who want to talk you are too late.<br/>The Storm Approaches, complements of Our President Trump, Our Military and the NSA. No one can stop what is coming.</p>
<p>The Executive Orders that apply have been placed on this website.</p>
<p>Those who are corrupt are known by the NSA and will be taken care of.</p>
<p>We The People have taken what you have dished out, now we will see how you like being on the receiving end of justice.</p>
<p><br/>Deal with it.</p> Your ownership decimal should…tag:gomarcellusshale.com,2019-09-11:2274639:Comment:8101052019-09-11T17:23:27.981ZJeffrey Beunierhttps://gomarcellusshale.com/profile/JeffreyBeunier
Your ownership decimal should be calculated as follows: number of acres you own in the unit X royalty rate / number of acres in the unit.<br />
<br />
Your ownership decimal may vary from unit to unit depending on the number of acres you own that was included in the unit and the size of the unit (or different royalty rates if you are covered by more than one lease).<br />
<br />
The ‘ownership number’ is an ID code and is unrelated to any calculation - it’s essentially an unique ID assigned to you/your lease interest.…
Your ownership decimal should be calculated as follows: number of acres you own in the unit X royalty rate / number of acres in the unit.<br />
<br />
Your ownership decimal may vary from unit to unit depending on the number of acres you own that was included in the unit and the size of the unit (or different royalty rates if you are covered by more than one lease).<br />
<br />
The ‘ownership number’ is an ID code and is unrelated to any calculation - it’s essentially an unique ID assigned to you/your lease interest. You may have more than one ownership number if you have more than one ease covering your acreage. You should arrange a meeting…tag:gomarcellusshale.com,2019-09-11:2274639:Comment:8102892019-09-11T16:49:43.198Zshakeshalehttps://gomarcellusshale.com/profile/shakeshale
You should arrange a meeting with State Rep Jim Jordan from over near Columbus<br />
He would love to hear your grievances
You should arrange a meeting with State Rep Jim Jordan from over near Columbus<br />
He would love to hear your grievances