Eclipse’s exit plan - GoMarcellusShale.com2024-03-29T09:51:16Zhttps://gomarcellusshale.com/forum/topics/eclipse-s-exit-plan?commentId=2274639%3AComment%3A784892&feed=yes&xn_auth=noWalt, my guess is there is no…tag:gomarcellusshale.com,2018-08-31:2274639:Comment:7853442018-08-31T14:41:31.387ZG.H.https://gomarcellusshale.com/profile/GH930
Walt, my guess is there is nothing you can do. Sounds like you did not sign a paid up lease, but a delay rental lease. Under a delay rental lease they can choose to continue the lease by making an annual payment for your agreed-upon $ amount and number of years, or they can choose not to pay and the lease expires. The third possibility is that they can drill a well, and then your property is held by production and they don't have to make the annual payment anymore. Sorry it did not work out for…
Walt, my guess is there is nothing you can do. Sounds like you did not sign a paid up lease, but a delay rental lease. Under a delay rental lease they can choose to continue the lease by making an annual payment for your agreed-upon $ amount and number of years, or they can choose not to pay and the lease expires. The third possibility is that they can drill a well, and then your property is held by production and they don't have to make the annual payment anymore. Sorry it did not work out for you like you had planned, but perhaps you can lease the property again now. Right. If a company can make…tag:gomarcellusshale.com,2018-08-31:2274639:Comment:7855152018-08-31T14:26:10.611ZBlueflame_02https://gomarcellusshale.com/profile/ZachEngle
<p>Right. If a company can make more money by consolidating then they will continue to consolidate. We see it more and more each and every day. You either buy someone in your backyard or you buy something in another basin. EnCap is in the business of making money and apparently Eclipse wasn't impressing their financial backer. </p>
<p>Right. If a company can make more money by consolidating then they will continue to consolidate. We see it more and more each and every day. You either buy someone in your backyard or you buy something in another basin. EnCap is in the business of making money and apparently Eclipse wasn't impressing their financial backer. </p> Eclipse Resources doesn't exi…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7853232018-08-30T16:37:08.120ZBlueflame_02https://gomarcellusshale.com/profile/ZachEngle
<p>Eclipse Resources doesn't exist without EnCap. EnCap is an investment fund, meant to make money by either 1) flipping projects for a profit or 2) creating profit through acquisitions.</p>
<p>Eclipse Resources doesn't exist without EnCap. EnCap is an investment fund, meant to make money by either 1) flipping projects for a profit or 2) creating profit through acquisitions.</p> Euthanized HUH? Tankers and o…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7853202018-08-30T15:48:10.264Zwilliam Allen. Laddhttps://gomarcellusshale.com/profile/williamAllenLadd
Euthanized HUH? Tankers and other trucks can be heard moving up Broughton hollow, often at night. Doubt they all belong to JP farms however. Other gas company pickup trucks from other companies are often observed and heard from out house. Living back with a great many trees between house and road makes it hard to identify what trucks they are.<br />
Granddad Ladd
Euthanized HUH? Tankers and other trucks can be heard moving up Broughton hollow, often at night. Doubt they all belong to JP farms however. Other gas company pickup trucks from other companies are often observed and heard from out house. Living back with a great many trees between house and road makes it hard to identify what trucks they are.<br />
Granddad Ladd Thanks Tom I appreciate the i…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7849072018-08-30T13:48:23.096ZWalthttps://gomarcellusshale.com/profile/WalterMcKinnon
Thanks Tom I appreciate the input if you hear anything let me know
Thanks Tom I appreciate the input if you hear anything let me know Walt this is the way they all…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7853152018-08-30T13:24:22.350ZTomhttps://gomarcellusshale.com/profile/Max931
Walt this is the way they all have been doing, it had nothing to do with more money for drilling it has to do with paying as little out as possible, why lease for 5 years if you can get it leased for 1 year at a time, even if they knew they were going to drill, 6 years ago Some started leasing for 3 years and or 5 years options payable annually so at any given year they can not renew, I dont see it as a Rip off, eventually they or some other company may come back to lease again, just remember…
Walt this is the way they all have been doing, it had nothing to do with more money for drilling it has to do with paying as little out as possible, why lease for 5 years if you can get it leased for 1 year at a time, even if they knew they were going to drill, 6 years ago Some started leasing for 3 years and or 5 years options payable annually so at any given year they can not renew, I dont see it as a Rip off, eventually they or some other company may come back to lease again, just remember this, I am also hearing that eclipse may be having financial issues. Thanks old timer for the info…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7852262018-08-30T12:50:25.576ZWalthttps://gomarcellusshale.com/profile/WalterMcKinnon
Thanks old timer for the information
Thanks old timer for the information And to top it off for the pas…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7852232018-08-30T00:46:51.623ZWalthttps://gomarcellusshale.com/profile/WalterMcKinnon
And to top it off for the past five years this area I am in is deemed to be awesome hotspot for everything I am totally at a loss so what is what
And to top it off for the past five years this area I am in is deemed to be awesome hotspot for everything I am totally at a loss so what is what All the drilling company use…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7848982018-08-30T00:44:17.071ZWalthttps://gomarcellusshale.com/profile/WalterMcKinnon
All the drilling company use this kind of scam need to be railed by lawyers and whoever else can put the hurt on them for trying to scam the average workingman. I am truly Speechless for getting screwed like this by American company, I expected much more integrity and respect
All the drilling company use this kind of scam need to be railed by lawyers and whoever else can put the hurt on them for trying to scam the average workingman. I am truly Speechless for getting screwed like this by American company, I expected much more integrity and respect All their bullshit and lies i…tag:gomarcellusshale.com,2018-08-30:2274639:Comment:7850092018-08-30T00:39:27.352ZWalthttps://gomarcellusshale.com/profile/WalterMcKinnon
All their bullshit and lies is cost me at least $25,000
All their bullshit and lies is cost me at least $25,000