When Leases Term & Things Pick Up

Hoping we don't see a lot of Forced Pooling Applications to the ODNR to pool lands / landowners into substandard tailgate leases. That's always been of serious concern to me - and don't know why it doesn't seem so to everyone else.

That's why I think Ohio needs to either revise force pooling rules to provide a modern land / landowner cognizant Leasehold with a minimum $3,000 / acre sign on bonus / paid up front delay rental and at least a 12.5% guaranteed royalty - or repeal force pooling / force unitization laws / rules altogether.

Something like that would need to be applied to all Ohio forced pooling / forced unitization applications for any long horizontal bore in any strata / for all pooled acreage amounts - HBP or whatever.

All as it always is, only IMHO.

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Mike MurphyPermalink Reply by Mike Murphy on October 31, 2015 at 6:16am

GOOD LUCK with that

Permalink Reply by Joseph-Ohio on October 31, 2015 at 6:23am
Thanks.

Like I've been saying / writing from the beginning - I think we all need it.
Permalink Reply by Joseph-Ohio on November 2, 2015 at 2:32am
I think we need a petition circulated amongst us that would describe our complaints and remedies.

We need to establish a knowledgeable committee who would draft a petition to circulate among our numbers for signature and then present same to our legislators for their action.

Ideally a legislator landowner sharing our concerns would chair our committee.

WHERE IS THAT PERSON AMONG US ? ?

KINDLY REPLY TO THIS POST / SITE AND IDENTIFY YOURSELF TO US.

http://gomarcellusshale.com/forum/topics/when-leases-term-things-pi...

Kindly take the above link to another discussion on this subject to see how a couple of other folks are thinking.

Permalink Reply by Joseph-Ohio on November 2, 2015 at 2:46am

http://gomarcellusshale.com/forum/topics/when-leases-term-things-pi...

Kindly take the new link above as old link failed.

Permalink Reply by Joseph-Ohio on November 3, 2015 at 2:10am

Quite a few views but no volunteers yet.

Where are you Chairperson ? ?

Permalink Reply by Joseph-Ohio on November 4, 2015 at 7:45am
Maybe a Legislator Landowner to Chair the Committee would be viewed by his 'fellows' as having a conflict of interests. 
 
Maybe we could ask Mr. Keith Mauck to chair the committee for us and for him to develop a petition based on member concerns and which we could become signatory to on-line and which he would forward to our Ohio Legislators ? 
 
What do you say Mr. Mauck ?  Is something like that possible ?

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