Shell drops the floor out of Lease Offer
My dad has a lease run out in June, and he had a landman stop yesterday. Apparently, they are offering $1,000 per acre.. LMFAO
Does Shell really think the landowners that signed the original BS leases are gonna come out and sign for that after their neighbors just signed for $3,250 6 months ago? I know, I know, it's the old they don't have competition. Tell you what, add up the acreage of all the old leases coming due, along with current holdouts, and they just found competiton. I really hope that landowners, without LAWYERS can keep communication lines open and not settle for BS lowball offers....
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Replies to This Discussion
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Permalink Reply by 0i7okn54zwbdo on
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"I agree. You guys don't need lawyers to get a good contract."
-Every landman ever
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Permalink Reply by Lance Nimmo on
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Sense. Make some.
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If you don't get that then I pray for the kids you're teaching.
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Permalink Reply by Lance Nimmo on
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I love people who think someone without a law degree is incapable of putting one foot in front of the other. in Lawrence County PA, not Houston Texas, I bet there are damned few if any veteran O&G gas attorneys. I mean, I know they attended some seminars and hang banners on their offices, so what do I know LOL. Marcus, if you need a lawyer to help organize people and get them on the same page, then pray for yourself, as you're the one to pity....
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No, I don't need anyone to organize a group for me. You go right ahead and do the group thing as it's gone swimmingly for everyone involved all the time. And as far as putting one foot in front of another, well, if that's what you think contract law is then you absolutely deserve the supreme screwing that you'll be getting in the not-too-distant future. Enjoy your unearned sense of pride while you can. The fall isn't far off...
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Permalink Reply by Lance Nimmo on
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Real quick quote where I said I was going to write the lease. Fail. I said people can group together without a lawyer. Your fall will be especially easy because you never got off the ground pal. Again, quote where I said anything about contract specifics. You can't, so go be a keyboard racer somewhere, else. You've added nothing to this discussion but a failed attempt at being an internet bad @#$.
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"You've added nothing to this discussion but a failed attempt at being an internet bad @#$."
I'll give you all the money in my wallet if you can come even close to proving this preposterous statement. All I said is that landmen love people like you. You're easy targets because you think you know everything. There's no shame in getting professionals to help you along the way. It's guys like you who don't get great deals and then come on here and complain about how they were "hoodwinked" which of course isn't true. You just whiffed and you're looking to blame someone other than yourself. Anyway, all the money in my wallet is up for grabs. Do your best.
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Permalink Reply by John OBrien, landowner advocate on
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Lance,
His billfold is probably empty when he said that. I don't think he is really a gambler. :-)
And that is not a poke at you Grayson.
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Permalink Reply by Mike Sero on -
Lance I'm a landman, and have no vested interest in your area. But if you'd like some great language etc... let me know I'll email it to you.
Mike
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Permalink Reply by The Hiker on
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I just reviewed this thread through to the end and found your post. No answer, eh? I guess he decided to shut up ha ha. (that's the best thing that could have happened to this thread). I read the Eagle Ford threads from time to time and notice that the folks down there are very respectful of each other, so different from some of the participants up here in "Yankee" land, who look at this site as a combat zone, or maybe a place to exhibit overblown egos, rather than a place for friendly discussion about the Marcellus/Utica. It takes all kinds I guess, but guys like this certainly drag the site down IMHO.
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I don't answer Frank's particular version of crazy. It's best not to feed the trolls.
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OK, Grayson...you got nothing to be afraid of here...seem to recall - refresh my memory, please. Just answer the question - HOW are you/or are you not involved WITH the G/O industry...don't get all shy now. It's not like you.
HEY - it's Lance...NOW it's coming back to me - something about Do you have a lease being held by a shallow well - Go Marcellus &am......there is good & then there's Grayson...
Devon to sell Utica acreage - Go Marcellus & Utica Shale: Leasi......and read Marcus's short snidley snippet's on THIS discussion...
Another "golden egg" laying goose is dead? - Go Marcellus & Uti... - this one, Frank - you really had it in for me, eh?...
Anyway, Lance...somehow I'm also recalling something said my greeday to the tune of 'READ MY LIPS' concerning your inquiry about pipelines awhile back...do you recall that, Lance - he was really 'hot & heavy' - panting, foaming at the mouth almost about needing to 'grow up' - and other nonsense? It was quite intense (much more INTENSE than Frank has ever, EVER displayed...it wasn't 'pretty'. Oh, how about tagging Marcus with 'HOSS', like you did? - THAT lit him up! WHEW!!! Ok, ok...enough already.
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Anyway, Marc - WHAT do you do G/O industry related? - simple question...as far as 'pegging Frank' as being a 'crazy troll'...possibly could be said that 'takes one to know one. You play ping-pong, Marc? Right back at you.
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