Share 'Gulfport's "Dear John" Letter to Royalty Owners'
Recently Gulfport send a letter to lease holders that they have been going over the leases after 5 years, and found that they need to take out for of royalty payments a production fee.
It seems pretty strange that it took them 5 years to finally read the leases. They said according to the land portion you have in the well deductions would be adjusted.
So I called and they said no royalty check pr…
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What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]