Ha anyone been approached to sign an addendum to a Red Hill lease?

Was wondering if anyone else had been approached and what their feelings are on the addendum.

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0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on August 22, 2013 at 3:10am

It's a sucker bet.

Permalink Reply by pinehill on August 22, 2013 at 3:30am

I guess if you had any doubt it makes it clear what kind of company they are to deal with.  Little late in the game to try this type of approach.

Permalink Reply by Mark McGrail on August 22, 2013 at 5:15am

pinehill,

Of course I have not seen the document but these are usually for the benefit of the company and the detriment of the landowner. I wouldn't sign it, at least not unless you get something in return.

Permalink Reply by Paul Martinelli on August 22, 2013 at 6:34am

Depends on what they are offering you in return for signing.

 

Addendums will be required.

 

 

Red Hill probably wants your signature for free......not heard of them being too landowner friendly

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on August 22, 2013 at 6:45am

$100/acre is the price.  That's it.  

Permalink Reply by Mark McGrail on August 22, 2013 at 2:10pm

Marcus,

How generous

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on August 22, 2013 at 5:19pm

"We own you for the next 30 years"

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