Comment

Comment by Kathleen on March 7, 2012 at 7:21am

Hi Todd, 

I wish you well but I hope you come back when you figure out what you do with your rights and post to help others.  It seems so many come on and ask a question, read the board which is a great idea but never post what they did or found out.  IMO right now the oil company wants it all.  If you don't care too much about the upfront money than they may work with you.  We started with a consultant who found us 5600 but that was just a standard lease offer and we were told the price would drop as each request was added and granted. I do have to say we were looking to restrict surface use so I don't know how they work with landowners concerning depth.  I've read a couple recent leases, mine included and they took all but the coal, gravel, timber (clause in lease though) upper stuff with not depth listed.  We learn as we go :0(.

Kath 

Comment by Todd on March 7, 2012 at 7:13am

Thanks for the quick response, Billy. My brother is in the O&G business with one of the majors, so he is both educated and versed in the language, at least from that side of things. Our concern was that we tried to add the Pugh clause, thinking CHK would lease and tie up the land with a shallow well, thus restricting us from further leasing deep rights. Any thoughts on this?

Comment by Billy Park Whyde on March 7, 2012 at 6:44am

Todd this site is full of information. Not trying to belittle you but the picture is massive! Billions are involved into the leasing of thousands upon thousands of acres.  

It might take a while with the logistics involved in all of this. I suggest you buy a can of coffee get ready to make a lot of it,  and look over this website as there is a ton of things to know even before you get lease fever , lol.

Comment by Todd on March 7, 2012 at 6:17am

Hi. I am new to this site. I have mineral rights in Columbiana County on 200 plus acres. It is clear that Chesapeake is the major player in the area, but they seem to be dragging their feet (we have a verbal offer but no paperwork yet). What has been your experience with Chesapeake? Who have you dealt with? Is it possible they are simply slow to get us the paperwork, or might they be waffling on the deal? Are there other exploration companies that you have had success with in the area that I might contact? - Thank you for your help.

Comment by dr j on March 2, 2012 at 7:32am

Lisa- there are several threads on the Brinker field in the Discussion threads above, click on the "view all" button and you should be able to find them.  

I know quite a bit about the field.  I will friend you.  As far as a copy of your lease- the county recorder's office is where you need to go for that.     

Comment by lisa on March 2, 2012 at 6:55am

Any one have any info on the Brinker Storage Field. my property seems to be in it. i would like to find out how to get a map and copy of lease aggreement

Comment by Kathleen on February 22, 2012 at 2:02am

When cougar was here and we weren't signed yet with Chesapeake we asked what would happen if we didn't sign.  They said there just would be a black spot on the seismic map.  They made it seem as if it was no big deal.  I guess it is.

Comment by dr j on February 21, 2012 at 6:48pm

Bryan- is your property leased?  Cougar Land Services does seismic testing.  Chesapeake hires them to do their seismic work.   I would think if you are leased you cannot decline having the seismic testing done.  You can negotiate a favorable contract that meets your demands/needs.   I believe ALOV has developed some resources for seismic testing contracts.  You might want to contact.   Good Luck.

 

Comment by Bryan R Cope on February 21, 2012 at 4:25pm

We advised Cougar that we did not want them on our land.  That was in November. And that was on advise of our attorney.  This week we received a rather terse letter from an Alliance, Ohio law firm threatening legal action against us if we don't let them do the testing on our 100+ acres.  They did mention $3/acre.  They mention Chesapeake in the letter, but what is the relationship?  Has anyone else received a similar letter?

Comment by Michele on February 14, 2012 at 2:48am

Kat Bird, I'm in a similar situation. Was told by CHK that they would be setting up an appoint at our home. So far it has been 5 weeks and they still haven't called. They are running out of time with the GL's lease.

Other than that I can't help you. Call a lawyer and have him ready to help.

Michele

 

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