Lease meeting for Jefferson,& Belmont Co. - GoMarcellusShale.com2024-03-29T09:12:27Zhttps://gomarcellusshale.com/forum/topics/lease-meeting-for-jefferson-belmont-co?x=1&id=2274639%3ATopic%3A478649&feed=yes&xn_auth=noif EITHER lease contains "Mar…tag:gomarcellusshale.com,2013-08-15:2274639:Comment:4855152013-08-15T02:54:43.030ZGarfieldhttps://gomarcellusshale.com/profile/Garfield
<p>if EITHER lease contains "Market Enhancement" you may as well just sell to them cause the market enhancement will magically transform a 20% gross into a 12% net.. or even less!</p>
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<p>If there's a market enhancement/clause.. they'll steal up to half your royalties!</p>
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<p>If there's an Ad Valorem.. they'll steal even more!</p>
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<p>Don't be fooled.. any lease with market enhancement and ad valorem is definitely a no no!</p>
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<p>Lessor must Not pay Ad Valorem..…</p>
<p>if EITHER lease contains "Market Enhancement" you may as well just sell to them cause the market enhancement will magically transform a 20% gross into a 12% net.. or even less!</p>
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<p>If there's a market enhancement/clause.. they'll steal up to half your royalties!</p>
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<p>If there's an Ad Valorem.. they'll steal even more!</p>
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<p>Don't be fooled.. any lease with market enhancement and ad valorem is definitely a no no!</p>
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<p>Lessor must Not pay Ad Valorem.. you may pay your own property taxes but the oil company should definitely be paying any additional taxes!</p>
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<p>And make them pay you your fair share of 20% Gross.. WITHOUT MARKET ENHANCEMENT !!! ........or don't sign!!! </p>
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<p>Paloma isn't even responsible enough to cover 100% of any damages they cause.. read the surface and subsurface clause! Read their contract if you don't believe me.. it says "however under no circumstances will they be responsible for more than $3000 damage per acre" ...now what does THAT tell ya!</p> Terry, I went to the Buckeye…tag:gomarcellusshale.com,2013-08-15:2274639:Comment:4853642013-08-15T00:37:14.628ZCorvettehttps://gomarcellusshale.com/profile/RayBrown
<p>Terry, I went to the Buckeye Royalties meeting. Their lease offer in my laymans view seems better than the Jefferson landgroup. They are working with Paloma, I was told by one of their reps that the Jefferson group was working with Great River-never heard of them. That is what I was told, not sure guess we find out Monday evening.</p>
<p>Terry, I went to the Buckeye Royalties meeting. Their lease offer in my laymans view seems better than the Jefferson landgroup. They are working with Paloma, I was told by one of their reps that the Jefferson group was working with Great River-never heard of them. That is what I was told, not sure guess we find out Monday evening.</p> dunno.. I just make up stuff…tag:gomarcellusshale.com,2013-08-14:2274639:Comment:4850032013-08-14T03:56:49.823ZGarfieldhttps://gomarcellusshale.com/profile/Garfield
<p>dunno.. I just make up stuff as I go along and if it sounds good I roll with it</p>
<p>dunno.. I just make up stuff as I go along and if it sounds good I roll with it</p> dunno.. but you forgot to put…tag:gomarcellusshale.com,2013-08-14:2274639:Comment:4851482013-08-14T03:53:19.317ZGarfieldhttps://gomarcellusshale.com/profile/Garfield
<p>dunno.. but you forgot to put a space between % and gross</p>
<p>dunno.. but you forgot to put a space between % and gross</p> Can you please explain why th…tag:gomarcellusshale.com,2013-08-13:2274639:Comment:4847522013-08-13T12:49:30.084Zjetthttps://gomarcellusshale.com/profile/eJett
<p>Can you please explain why the %gross off the wellhead meter at fair market value is the correct wording? Thanks!</p>
<p>Can you please explain why the %gross off the wellhead meter at fair market value is the correct wording? Thanks!</p> Does their lease contain an a…tag:gomarcellusshale.com,2013-08-13:2274639:Comment:4847202013-08-13T01:54:06.291ZGarfieldhttps://gomarcellusshale.com/profile/Garfield
<p>Does their lease contain an actual 20% GROSS off the wellhead meter or is it another NET lease where they deduct AdValorem and Market Enhancement fees to turn the Apples into Pies?</p>
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<p>Seems they're all too eager to demand "Market Enhancement" clauses and also.. they need to Market the Gas to an Unaffiliated 3rd Party at Arm's Length Deal and NOT to one of their vertically stacked subsidiary shell companies.</p>
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<p>So far I've only seen one.. that's { 1 } actual Gross…</p>
<p>Does their lease contain an actual 20% GROSS off the wellhead meter or is it another NET lease where they deduct AdValorem and Market Enhancement fees to turn the Apples into Pies?</p>
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<p>Seems they're all too eager to demand "Market Enhancement" clauses and also.. they need to Market the Gas to an Unaffiliated 3rd Party at Arm's Length Deal and NOT to one of their vertically stacked subsidiary shell companies.</p>
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<p>So far I've only seen one.. that's { 1 } actual Gross Lease.. the rest are composed by verbal wizards who twist words to fool the lessor into believing they're getting a gross lease.</p>
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<p>If the Market Enhancement makes them so much MORE $ Money.. WHY are they so Eager to FORCE in on lessors?</p>
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<p>Let the oil companies bake the apples into pies and sell the pies by the slice if they so choose!</p>
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<p>All I want is my 20% Gross off the Wellhead Meter at Fair Market Value!</p>
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<p>I hope you all realize the games these companies are playing!</p> Arlene
Thanks for the info I…tag:gomarcellusshale.com,2013-08-12:2274639:Comment:4846232013-08-12T23:49:35.669ZTerry giulianihttps://gomarcellusshale.com/profile/Terrygiuliani
<p>Arlene</p>
<p>Thanks for the info I have been checking the lawlion website but don't have a pass code yet. My neighbor was there today and they told him they were really looking for 20 acres or more but they would take a look at his because it butts up to mine. I was mainly looking because I butt up to 130 acres next door. I'm not a sell yet, could go either way. Thanks for the info.</p>
<p>Arlene</p>
<p>Thanks for the info I have been checking the lawlion website but don't have a pass code yet. My neighbor was there today and they told him they were really looking for 20 acres or more but they would take a look at his because it butts up to mine. I was mainly looking because I butt up to 130 acres next door. I'm not a sell yet, could go either way. Thanks for the info.</p> I was just in Joe Corabi's of…tag:gomarcellusshale.com,2013-08-12:2274639:Comment:4844962013-08-12T23:22:58.984ZArlene S Baileyhttps://gomarcellusshale.com/profile/ArleneSBailey
<p>I was just in Joe Corabi's office this morning to hand in some papers for my lease. They changed the Client Follow up meeting and lease signing to AUGUST 19th (Not the 14th). at 6:30 pm @ St Florian Hall-Wintersville. August 30.31 is still on for Final lease signing. You can double check my ino : Corabi Law Office 740-283-3388.</p>
<p>I was just in Joe Corabi's office this morning to hand in some papers for my lease. They changed the Client Follow up meeting and lease signing to AUGUST 19th (Not the 14th). at 6:30 pm @ St Florian Hall-Wintersville. August 30.31 is still on for Final lease signing. You can double check my ino : Corabi Law Office 740-283-3388.</p> Buckeye Royalties may be a gr…tag:gomarcellusshale.com,2013-08-12:2274639:Comment:4844902013-08-12T22:00:57.439ZCraigLhttps://gomarcellusshale.com/profile/CraigL
<p>Buckeye Royalties may be a group that will try to assemble acreage and pitch it to oil and gas companies for a percentage or $100 an acre or so as a finders fee. Sometimes this proves to be beneficial for those that can not get included in a unit. They will take a lawyer's lease form and pitch it to landowners. Most of the time these guys have very little experience in the industry and have very little knowledge. It is just a way for guys to get their undeserved piece of the pie.</p>
<p>Buckeye Royalties may be a group that will try to assemble acreage and pitch it to oil and gas companies for a percentage or $100 an acre or so as a finders fee. Sometimes this proves to be beneficial for those that can not get included in a unit. They will take a lawyer's lease form and pitch it to landowners. Most of the time these guys have very little experience in the industry and have very little knowledge. It is just a way for guys to get their undeserved piece of the pie.</p> Corvette
I saw the postcard,…tag:gomarcellusshale.com,2013-08-12:2274639:Comment:4844642013-08-12T17:26:48.602ZTerry giulianihttps://gomarcellusshale.com/profile/Terrygiuliani
<p>Corvette</p>
<p>I saw the postcard, my neighbor got one for property he has in Belmont Co. Dib you sign the agreement to join the lawyer group? I think it may be with Paloma but they are usually project managers. Do you know if they gave access codes to their web site for the Jefferson Co. site?</p>
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<p>Corvette</p>
<p>I saw the postcard, my neighbor got one for property he has in Belmont Co. Dib you sign the agreement to join the lawyer group? I think it may be with Paloma but they are usually project managers. Do you know if they gave access codes to their web site for the Jefferson Co. site?</p>
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