Luann, I'd suggest you not sign an affidavit because it will commit you to the original terms and conditions. I'm not an attorney but I would strongly suggest that you negotiate directly with Chesapeake to increase the amount being paid. This is the approach that I am currently taking. Offers in Harrison County are now $5000 per acre at 19.5% royalty. I'm asking Chesapeake to increase their payment by one half the amount in the original lease and the current offers. Good luck to you!
Al Cramblett
Luann, I'd suggest you not sign an affidavit because it will commit you to the original terms and conditions. I'm not an attorney but I would strongly suggest that you negotiate directly with Chesapeake to increase the amount being paid. This is the approach that I am currently taking. Offers in Harrison County are now $5000 per acre at 19.5% royalty. I'm asking Chesapeake to increase their payment by one half the amount in the original lease and the current offers. Good luck to you!
Sep 25, 2011
Al Cramblett
Sep 26, 2011