"Hi Kyle, and thanks. I got your email on what you can do, and I would like for you to do it. I am leaving tomorrow and won't be back until Monday. I will get you my paperwork next week and I have some other questions pertaining to the lease I…"
Denver Davis's Discussions
Crude Oil Prices
Started this discussion. Last reply by Bill Barnaby Jan 10, 2015. 3 Replies 0 Likes
This may have been discussed already, but I am meeting with the folks wanting to lease my farm in a little bit. A quick question. Is the drop in the crude oil prices affecting Marcellus…Continue
Blackrock Enterprises, LLC
Started this discussion. Last reply by Denver Davis Sep 29, 2014. 2 Replies 0 Likes
Does anyone have any insight on this company?Thanks, DenverContinue
Royalty Payout
Started this discussion. Last reply by Philip Thackray Sep 28, 2014. 9 Replies 0 Likes
Does anyone know the estimated decline in royalty payouts over the life of a well?I am told for my lease it would be between 25k-40k per month.I read in another forum, not necessarily for…Continue
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Denver Davis replied to Denver Davis's discussion 'Pleasants County Royalty' in the group Pleasants County, WV
Kyle Nuttall replied to Denver Davis's discussion 'Pleasants County Royalty' in the group Pleasants County, WV"Hi Denver! I always make a few changes to DOs. They always want you to certify that the decimal interest is correct. That's a little disingenuous of them as you don't have all the necessary numbers to make that calculation. I always cross…"
Nancy Mosley replied to Denver Davis's discussion 'Pleasants County Royalty' in the group Pleasants County, WV"The wording in the first paragraph sounds ok. And about the Pooled Units: Your interpretation is probably a correct assumption.
Having Kyle look at this sounds like a great idea. He knows these things very well, and can help you calculate your…"
Denver Davis replied to Denver Davis's discussion 'Pleasants County Royalty' in the group Pleasants County, WV"Thanks Nancy for the info.
The Division Order has a first paragraph stating in bold/caps 'THIS AGREEMENT DOES NOT AMEND ANY LEASE OR OPERATING AGREEMENT BETWEEN THE INTEREST OWNERS AND THE LESSEE OR OPERATOR OR ANY OTHER CONTRACTS FOR THE…"
Nancy Mosley replied to Denver Davis's discussion 'Pleasants County Royalty' in the group Pleasants County, WV"Since I haven't seen your division order, I can't comment on it specifically. However, I am aware that some companies add language to a division order that changes things with your lease terms. I believe (not a lawyer) that the companies…"
Denver Davis added a discussion to the group Pleasants County, WVPleasants County Royalty
Jay-Bee Oil & Gas has drilled a well and apparently I am due my first royalty check. I called them last week to get a status as to what was going on, since there was a new well drilled within a mile of my property. They said that I was due royalty, but needed a Division Order signed before they can pay me. They emailed me the Division Order, I need to sign it and get it notarized, and send it back to them.I have several questions, but am getting ready to leave for a couple weeks, so I want…See More
Denver Davis joined Kyle Nuttall's groupPleasants County, WV
All things pertaining to leasing, drilling and production in Pleasants county.+ Add a Group DiscussionSee More
Profile Information
- Introduce Yourself
- Been contacted. To be honest, trying to get the best bang for the buck.
- What is your role?
- Landowner
- Which state(s) are you following?
- West Virginia
- What shale plays do you follow?
- Marcellus, Utica
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