Replies to This Discussion

Permalink Reply by James Harber on May 11, 2011 at 3:56pm

Hold out, remember CHK is not the only player in town. Ihere are several options to consider, do not feel boxed in by CHK. CHK used to be most other landowners options maybe a year ago, but now there are 5-7 other energy companies leasing in your area. Supply and demand will cause you to get a reasonable offer.

Permalink Reply by Allen Voshall on May 19, 2011 at 3:28am

Thank you James, 

Can you provide contact info on the other companies?

Thanks!

Permalink Reply by James Harber on May 25, 2011 at 3:47pm

I'll be glad to do so, give me a call 740-251-9021, or send me

your email.

 

Thanks,

Permalink Reply by Paul Chester on May 19, 2011 at 8:11pm

James I would like to know also what other companies in the area?

Permalink Reply by James Harber on May 25, 2011 at 3:45pm

Paul,

I want to follow the guidelines set here on gomarcellusshale.com.

Please give me a call if you need further information.

740-251-9021.

 

Thanks,

Permalink Reply by Anne-Marie Anderson on May 25, 2011 at 2:00pm

I appreciate your insight.  What about the threat of receiving nothing while neighbors take the low offers? We were told that CHK may stop leasing in this area and if we don't accept the offer, it may go away for good. 

 

Thank you!

Permalink Reply by James Harber on May 25, 2011 at 3:24pm

Please remember the statement "may" stop leasing. I can tell you from years of experience,that is simply not going to happen, maybe in a couple of years, maybe. Please remember that there are at a min 6 other companies that either are starting to lease in Stark County, or are coming your way in the next 12-18 months.

Just ask others in other counties, what the leasing pattern is and hopefully thiswill give you some comfort, to let you wait patiently to see lease bonus prices to at least double in the next year.

Also, remember there are several "key phrases" in the chk leases that tie all of your interests up forever...........from where I am sitting..that is a long, long time.  You surely do not want to make a hasty decisions now, and later regret you actions. You wouln't do it with any other important decision, would you?  Well, don't let money or any fear tactics that some Landmen who handle leasing try to scare you with, to doubt your own "common sense".

 

Remember, the lease Does Not Guarantee that CHK will drill at all! If they do not drill, that means you will get no monthly royalty check every month for the next 40-50 years. That alone, makes the lease bonus of $1,000. a acre pretty small overall, by comparison.

 

Only you, know you situation best. Remember these things, please.

If, after everything that I have stated, you  fear losing the money......well, then go ahead and sign,

so hopefully you can sleep at night. Best wishes,

Permalink Reply by Anne-Marie Anderson on May 26, 2011 at 6:40am

Thank you.

Permalink Reply by Emily McMullin on June 30, 2011 at 8:22am

Is anyone at all concerned about what the fracking will do to the water supply in Stark County? I just started learning about this process and it scares me to death! Why is no one talking about it???

Permalink Reply by ray schmidt on July 1, 2011 at 2:22am

they are talking about this.keep reading,and dont be scared!