EQT taking over Rice - GoMarcellusShale.com2024-03-28T16:29:14Zhttps://gomarcellusshale.com/forum/topics/eqt-taking-over-rice?xg_source=activity&feed=yes&xn_auth=noMy cousin was getting checks…tag:gomarcellusshale.com,2018-11-11:2274639:Comment:7889152018-11-11T04:26:11.549ZSusan Salaryhttps://gomarcellusshale.com/profile/SusanSalary
<p>My cousin was getting checks from Rice, but I never did. I'd just like to know why they are so slow about paying what is due to me. Hope they have to pay interest! This has been going on for years! Vantage send us a contract on a portion of a 40 acre plot they were looking to drill on, which we agreed to, signed the paperwork only to have them come back and tell us that the surface owners actually had the royalty rights to that property. I feel that was BS, but I couldn't afford to get a…</p>
<p>My cousin was getting checks from Rice, but I never did. I'd just like to know why they are so slow about paying what is due to me. Hope they have to pay interest! This has been going on for years! Vantage send us a contract on a portion of a 40 acre plot they were looking to drill on, which we agreed to, signed the paperwork only to have them come back and tell us that the surface owners actually had the royalty rights to that property. I feel that was BS, but I couldn't afford to get a lawyer to fight it. I think someone in the extended family did fight it, but I've never heard if that was ever resolved. </p> yea we are still fighting wit…tag:gomarcellusshale.com,2018-11-10:2274639:Comment:7885112018-11-10T15:33:58.977ZJeff Kerrhttps://gomarcellusshale.com/profile/JeffKerr
<p>yea we are still fighting with them on a delay rental we signed with rice.. Rice always pd. in time I got mine after I called 3 months late My brother still has not got his. check Rice was a better Co, to work with hands down.Looks like EQT bit off more than they can chew. I see a big take over coming and EQT will have to sell at a loss to get out of this.. </p>
<p>yea we are still fighting with them on a delay rental we signed with rice.. Rice always pd. in time I got mine after I called 3 months late My brother still has not got his. check Rice was a better Co, to work with hands down.Looks like EQT bit off more than they can chew. I see a big take over coming and EQT will have to sell at a loss to get out of this.. </p> I'm still trying to get the b…tag:gomarcellusshale.com,2018-11-07:2274639:Comment:7884552018-11-07T14:32:32.962ZSusan Salaryhttps://gomarcellusshale.com/profile/SusanSalary
<p>I'm still trying to get the back royalties owed to me on my interest in 6 wells on the Sand Rock well pad in Greene Co. First it was Vantage, then Rice and now EQT. I just started getting royalties in March of this year for Jan of this year. The wells were producing from 2011 and 2013 I believe. I have been in touch with EQT, and all I get is the run-around. And YES, they seem to have a lot of fees! I'm on Social Security and don't have money to hire a lawyer, so I wait....</p>
<p>I'm still trying to get the back royalties owed to me on my interest in 6 wells on the Sand Rock well pad in Greene Co. First it was Vantage, then Rice and now EQT. I just started getting royalties in March of this year for Jan of this year. The wells were producing from 2011 and 2013 I believe. I have been in touch with EQT, and all I get is the run-around. And YES, they seem to have a lot of fees! I'm on Social Security and don't have money to hire a lawyer, so I wait....</p> yes we had a delay rental fro…tag:gomarcellusshale.com,2018-11-01:2274639:Comment:7880902018-11-01T00:51:25.221ZJeff Kerrhttps://gomarcellusshale.com/profile/JeffKerr
<p>yes we had a delay rental from rice and I had to call EQT to get the ball rolling The check was printed in Sept. and got it in middle of Oct. my brother has not got his yet. Rice was whey better to work with. Rice pd us in July or Aug. why would EQT shoot themselves in the foot like this. Not very good at business as far as I see..looks like a take over is coming </p>
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<p>yes we had a delay rental from rice and I had to call EQT to get the ball rolling The check was printed in Sept. and got it in middle of Oct. my brother has not got his yet. Rice was whey better to work with. Rice pd us in July or Aug. why would EQT shoot themselves in the foot like this. Not very good at business as far as I see..looks like a take over is coming </p>
<p> </p> They acquired 3-4 companies i…tag:gomarcellusshale.com,2018-10-30:2274639:Comment:7880612018-10-30T13:14:32.493ZRyan Gadworthhttps://gomarcellusshale.com/profile/RyanGadworth
<p>They acquired 3-4 companies in a 2 year period. They are going to have to drill a lot to be profitable and my understanding is that the pipeline infrastructure still isn't where it needs to be. I wonder if they are setting themselves up to be bought by a Shell or other larger company in the industry. Shell would make sense with the cracker plant near Pittsburgh being built.</p>
<p>They acquired 3-4 companies in a 2 year period. They are going to have to drill a lot to be profitable and my understanding is that the pipeline infrastructure still isn't where it needs to be. I wonder if they are setting themselves up to be bought by a Shell or other larger company in the industry. Shell would make sense with the cracker plant near Pittsburgh being built.</p> Well Stated!!!tag:gomarcellusshale.com,2018-10-24:2274639:Comment:7876102018-10-24T12:59:54.640ZWV Mineral Ownerhttps://gomarcellusshale.com/profile/WVMineralOwner
<p>Well Stated!!!</p>
<p>Well Stated!!!</p> My thoughts as well Jefftag:gomarcellusshale.com,2018-10-23:2274639:Comment:7876022018-10-23T20:31:50.197ZRyan Gadworthhttps://gomarcellusshale.com/profile/RyanGadworth
<p>My thoughts as well Jeff</p>
<p>My thoughts as well Jeff</p> well Chesp. burned and failed…tag:gomarcellusshale.com,2018-10-23:2274639:Comment:7875992018-10-23T19:11:23.555ZJeff Kerrhttps://gomarcellusshale.com/profile/JeffKerr
<p>well Chesp. burned and failed I hope EQT has learned a lesson from history </p>
<p>well Chesp. burned and failed I hope EQT has learned a lesson from history </p> Richardson v. EQT... They to…tag:gomarcellusshale.com,2018-10-23:2274639:Comment:7878952018-10-23T14:51:37.075ZWV Mineral Ownerhttps://gomarcellusshale.com/profile/WVMineralOwner
<p>Richardson v. EQT... They too had a Gross Lease and were screwed, thus they won their suit in Federal Court. The general lesson was, EQT does not care what a lease calls for, it does as it pleases.</p>
<p>Richardson v. EQT... They too had a Gross Lease and were screwed, thus they won their suit in Federal Court. The general lesson was, EQT does not care what a lease calls for, it does as it pleases.</p> Yes, I read some articles reg…tag:gomarcellusshale.com,2018-10-23:2274639:Comment:7878032018-10-23T13:55:40.805ZRyan Gadworthhttps://gomarcellusshale.com/profile/RyanGadworth
<p>Yes, I read some articles regarding this over the past few months. I agree it is wrong and wasn't defending that at all. I fortunately have a gross lease so maybe that's why I am bias and not quick to say EQT is not paying folks correctly on a regular basis. I was just happy to hear that a company with a long history in our region bought our lease instead of a company from Texas or Oklahoma. I'm also hoping they drill one of the other formations that are said to be under our lands. My…</p>
<p>Yes, I read some articles regarding this over the past few months. I agree it is wrong and wasn't defending that at all. I fortunately have a gross lease so maybe that's why I am bias and not quick to say EQT is not paying folks correctly on a regular basis. I was just happy to hear that a company with a long history in our region bought our lease instead of a company from Texas or Oklahoma. I'm also hoping they drill one of the other formations that are said to be under our lands. My neighbor told me there are 2 more formations they can drill but I never heard anymore about that. Our lease only covers the utica so they will have to lease me again to drill further</p>