EAP (Encino) Amendment & Ratification ?

by tacoma7583

Feb 23

Has anyone successfully got any revisions to an old lease (HBP) that Encino(EAP) is asking for a Amendment & Ratification? My current lease (HBP) says can only be pooled or unitized with separate written agreement with lessor.  I was requesting they amend it  providing the same royalty %, if they drill a horizontal well.    This would make the same percent as the lease they presented for my current unleased acreage

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    Andy

    I know someone that had a similar situation. They amended his lease . Only thing changed was the size of the pooled unit. He received a small bonus for amending the old lease. Mostly all old leases were 12.5% on the net.
    4

    Feb 26

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