Comment

Comment by Dan on December 31, 2011 at 7:14am

I had never heard of Force Majeure until 11 months ago when the chemical company I work for used it world wide against their customers. The company had a legitimate reason because of a major break down in the production process. Must be a common practice with this type of industry. Might be nothing that can be done away with.

Comment by Bill Simpson on December 31, 2011 at 12:45am

From what I have read and listened to I do not believe there is any "good" lease out there as the oil/gas companies always have the upper edge and the best corporate (New York heavy hitter types) lawyers. That's why they are billion dollar corporations and win about 99.9% of all the cases in court regarding leases, pollution, fraud, tax breaks and many more things that would land folks like us in prison for life. My suggestion is to find one that offers the land owners the most favorable protection, royalties etc. Check out some of the law firms who are now in the game and look at their leases. I believe "washingtonpalawyer.com" has a lease on their website that they drafted for the land owners in the groups they form and represent. Supposedly it seems to be a fairly decent one. Also, always have a good gas/oil attorney go thru it (I was told about $500.00 for a review). Stay away from ones who do divorces, DUI's, traffic accidents , civil , dog bites etc.
Look them up on the web and find one whose practice is 80% or more in oil and gas. They may be more expensive than the lawyer on the corner or second floor above a store but they have the best experience. Do not be afraid to look outside the area you live also.

Comment by Finnbear on December 30, 2011 at 5:40pm

What about that lease do you think will not be accepted? Over 100,000 acres have been accepted already under that lease.

Comment by shantycreekfarms on December 30, 2011 at 4:39pm

 I read the lease and thought it was better than most i have seen, what didnt you like about it.

Comment by shantycreekfarms on December 30, 2011 at 4:08pm

See did it again, i meant right

Comment by shantycreekfarms on December 30, 2011 at 4:08pm

Thanks Bill , just thought i was not doing something wrong.

Comment by Bill Simpson on December 30, 2011 at 4:06pm

I was told they do not have a web page. Only an E-mail address (Buckeyshale@gmail.com). Their phone is 1-330-3277-3100. If you call them they can put down in their group. They were very noce and informative when I called them.

Comment by shantycreekfarms on December 30, 2011 at 3:13pm

Is there a good link to get to Buckeye Mineral? All i can find dont seem like the same as what it should be.

Comment by Finnbear on December 30, 2011 at 3:08pm

Money. The amount of potential profit involved in this shale play has brought them out of the woodwork seeking a cut.

Comment by shantycreekfarms on December 30, 2011 at 3:07pm

Finnbear, have you contacted washingtonpalawyers at all.

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