Replies to This Discussion

Permalink Reply by Rob M4M on March 28, 2014 at 2:05am

By who?

Permalink Reply by Robert lee Evans jr on March 28, 2014 at 4:10am

Whitlatch their office is in mineral wells

Permalink Reply by Janice L. Hancharick on March 29, 2014 at 8:17am

Whatever numbers you are being quoted (& they sound decent) ..." they mean nothing" IF the wording on later pages doesn't back them up.  Get to an O & G lawyer. (I'm not one.) That wording wasn't meant to be easily understood except by the firm's lawyers.

Good Luck!

Permalink Reply by Cliff Brown on April 7, 2014 at 11:29am

Do you have a number or contact? We have 188 acres in McKim District we'd like to lease if this region has appeal. Thanks,

Permalink Reply by Robert lee Evans jr on April 7, 2014 at 11:37am

Howell whitlatch. 304 893 9388 there is also a leasing outfit in middlebourn called lone tree energy sorry I don't have their number good luck

Permalink Reply by Cliff Brown on April 7, 2014 at 2:11pm

Thank you very much!  Good luck to you.

Permalink Reply by wandering juju on July 28, 2014 at 7:27am

hal whitlatch will not fund your lease

Permalink Reply by Robert lee Evans jr on July 28, 2014 at 8:42am

Why have you had some bad dealings with hal

Permalink Reply by Richard Phillips on September 9, 2014 at 4:33am

Received an offer of $1000/acre and 14%, have countered and are waiting to see if there will be any increase. 61 acres in Lafayette District. Fingers crossed . . .

Permalink Reply by Robert lee Evans jr on September 9, 2014 at 6:28am

Triad offering 3500. 18percent on mt Carmel ridge

Permalink Reply by William Dotson on November 7, 2015 at 11:56am

I'm just going to throw this out here. Everyone here realizes, I hope, that when a company comes into an area to develop it they will buy leases that other O&G companies have as a block. These lease invariably are sold with the seller retaining 1/8th of the working interest. And, if the lease has changed hands a couple of times already, the developing O&G company can easily wind up with only 70% of the working interest (usually 7/8 or 87.5%). So do the math. If you have land that does not have a current lease on it, do not lease it to a leasing company who only wants to flip it and retain a working interest. Wait for the production company to come knocking. Unencumbered leases are a gold mine in good areas.