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Permalink Reply by J. Kinney LandRights on January 14, 2014 at 8:42am

Debbie, I've heard a lot of people say they've had good dealings with Rice Energy. They're a smaller outfit with the resources to drill these wells. As far as your payment order - I'd have to see the language.  My guess is that they are not legally bound to pay and once the 90 day period is up then you have to notify them they are late and my guess is that your payment order allows them an extra period of time to cure the problem.  My suggestion would be to reach out to Rice and try to get it top of mind for them that your date is coming up.  Also if they don't pay before the deadline then read the payment order carefully and submit your notice for late payment immediately.  

I understand your concern and being here and in this industry does make a difference.  I pride myself in keeping up with all my contacts within these companies because those relationships get things done for my clients. But i can tell you its a full time job just staying in the loop here! 

Good luck!

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Permalink Reply by Henry Edwards on January 16, 2014 at 6:10am

They are required to send the signing bonus by then or exercise an extension if in your lease. If not you would then send a letter from your attorney requesting a cancellation of the lease. I am dealing in Greene County with a title problem currently. Your cousin cannot really do anything until the time period expires on the lease.

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