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Started this discussion. Last reply by The Rooster Aug 2, 2014. 1 Reply 0 Likes
Is anyone familiar with Premier Production Management, LLC. This company was formed in Louisiana but is allegedly doing business in West Virginia. Any information one can provide on the company would…Continue
Started this discussion. Last reply by Bluflame Mar 16, 2014. 13 Replies 0 Likes
I received this notice from ROPE recently:WARNING: Congress wants your royalty income!It’s official. On February 26, U.S. Rep. Dave Camp, R-Mich., chairman of the U.S. House Committee on Ways and…Continue
Started this discussion. Last reply by Al Cramblett Feb 21, 2014. 24 Replies 0 Likes
If you live in the Northeast and heat your home with natural gas, let me offer my condolences now. Those bills will be killer...Natural gas futures for February traded as high as $5.40 per Mcf…Continue
Started this discussion. Last reply by Joseph-Ohio Nov 27, 2013. 14 Replies 0 Likes
Percentage Depletion deduction taken away! This week, U.S. Senator Max Baucus, Chairman of the U.S. Senate Committee on Finance, released a tax reform discussion draft that would repeal percentage…Continue
Al Cramblett has not received any gifts yet
Our meeting Sunday eve. we thought went great. Jim McEvoy represented MarkWest. He had met with my husband and I earlier that week with the land agent Fred Hines.
Jim seemed very knowledgeable and satsified all of our questions. He wrote in things to clarify on the lease/addendum. All present agreed that if he would come back with the $15 a foot for pipeline and $25 a foot for damages, we would sign. He told me he would be on the phone with MarkWest in Denver, CO and would call me on Monday with results.
Monday about 11:00 we had a message from a Noel Glenn ( I think that is the correct name) from Mark West. She stated she was the project manager for this pipeline and wanted to meet with me. We played phone tag till Tuesday eve. I then spent an hour on the phone with her. Totally frustrating. Seems like we are almost back an square one. She said no way could she pay $15 and $25. She wanted to know if I could set up a meeting, have everyone bring their drivers' license and be prepared to sign.
I told her she'd better bring her best offer, cause as far as I was concerned this was their last chance, and the total of $40 a foot had been our asking price from day 1. She pretty much said this would just pull the plug on the whole project if we couldn't sign.
Will see how Sunday goes. I told her I would not speak for the rest of the group, but we would not sign for less. I wanted to tell her that after Sunday the price will go up $1.00 a foot a day for all the inconvenience they are causing.
We will probably still tell her we won't sign without the atty. looking it over again.
Patsy
I recieved my prize money, bank had to hold it for 5 days based on the amount.(joke).
Al,
Thanks for the information.
My background information is this:
I read up this play starting around last fall. I feel I was caught up in all the excitment, wondered why nobody offered me a lease. I ended up signing in with ALOV. A great lease, but as we know bonus have since gone up from the $2250.
Well, a blessing in disguise, CHK kicked out my lease due to HBP issues.
Well...soon after signing the lease ( in April) ,,,,Sierra Buckeye comes to town.
I find out they snathed up all my HBP leases in deal s with local O/G operators. So Sierra is my best fit I believe.
I been talking with them.....learning every day. Told them I won't sign lease for free acreage until we make a deal on free acreage and new terms on old HBP leases...a package deal. I have 2 parcels....they almost connect....83 acres and 188.
Suppose to have meeting next week with VP of Sierra ( we talked before) to get something worked out.
What I find is that these guys are all the same...tell you anything, nothing documented/written....and won't give much information.
I realize now that I have no control over drilling dates.....so just have to live with that
Well..thanks..
-paul
Their lawyer them this, I am blotting out their names k? The .... family will have to send a letter (I would send it certified with a return receipt requested) to the Dale address on the first page of the lease. The letter needs to state that:
“this letter shall serve as notice pursuant to the terms of the lease between .............. and Dale Property Services recorded at Deed Book Volume......... Page ........... regarding limitation of forfeiture. This lease is cancelled, terminated and forfeited due to non payment of the paid up delay rental. This letter shall also serve as a demand to file a release or surrender of lease. ”
you should do the same but I forget all of your details...this lease has a limitation of forfeiture clause which requires 60 days notice before you can bring suit against Dale. If dale pays before the 60 days are up, the lease is in force. If Dale doesn't, and refuses to file a surrender or release of lease then she will need to file a quiet title suit. ( I think Dale and Chspk work together, its one of those small companies like that works for CHPK)
Can you explain to me a little better exactly what happened.. I have like so many people that have gone through this and one
I have 14.125 acres in moorefield township, wish I had more but it is what it is. This natural gas boom is amazing I never thought anything like this would happen
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