Sullivan County, PA

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All thngs pertaining to the Marcellus Shale in Sullivan County, PA.

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Delay rental payment

by Gale Kerkeslager

Jan 24, 2015

Just received a check from Chesapeake from a "Delay Rental Account"  It says for March 2014 to March 2015.  Does anyone know if this is payment for extending my current lease with them?  Our original lease expires in 2014.  Thanks

  • up

    Tim Tarr

    Lease expires or expired in 2014? I think that 03/2014 to 03/2015 might be a little questionable.

     But...

    Depending on wording in your lease there should be a well (permit? or just a few surveying stakes?) that could allow for this. Perhaps your lease also has something about "Timely payments".

    DO NOT CASH THE CHECK until you are sure.

    I'll add depending on how many acres are involved might get a competent Lawyer real fast.

    1

    Jan 24, 2015