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R&D PAD

Started this discussion. Last reply by DIVOT Jun 15. 4 Replies

anyone know what is going on at the well siteContinue

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DIVOT replied to DIVOT's discussion 'R&D PAD'
"thanks sam just heard the same thing .also doing same at baur pad"
Jun 15
Sam Moore replied to DIVOT's discussion 'R&D PAD'
"They are preparing to drill several more wells on the pad."
Jun 15
chris replied to DIVOT's discussion 'R&D PAD'
"dead well from what I have heard."
Jun 4
DIVOT replied to DIVOT's discussion 'R&D PAD'
"sorry first time here should have been more specific  pad located Monroe county ohio  ohio township  the wellheads have been removed and the entire pad has been covered with wooden mats  bringing in storage tanks 4 delivered…"
May 22
DIVOT posted a discussion

R&D PAD

anyone know what is going on at the well siteSee More
May 21

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What is your role?
Landowner
Which state(s) are you following?
Ohio
What shale plays do you follow?
Marcellus, Utica

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At 12:18pm on June 6, 2015, kit said…

Sorry to have to bother you again, however we are a little distressed out right now and no one on this board really understands our situation..except our lawyer, however now i seem to think so is pressuring us to sign the agreement to get it done and over with, so she can get her 5 percent contingency fee. I wish i would of went to charles bean, as advised but again went to woodsfield becusae my job is out there. As we emailed you before, we signed that 50 foot rightaway for 24 bucks and 10 bucks add lines with hardly no owner protection, statiol is not budging and my attorney says we should sign because they are not giving in..she demanded owner protection and abandonment clause and they are not moving. She says we have no owner protection hardly in our lease and the are wanting to gives us 59 buck up front for 3 lines. She said thats our final offer and we should accept because we got better than anyone in this area! Thats hard to believe she can't get us any better than this. I wish we could excuse our selves from her counsel, however it is too late in the game now as we would still owe her for her time if we don't keep her. We only pay a fee if she wins and if we withdraw ourselves we pay her a hourly rate. So, we told her friday we are not accepting and she told us statiol can still use the 50 foot rightaway if they want, I told her i understood we are still bound by that contract. Shes only advising us to sign verses holding out for better protection and more money, because the said this was statoils final offer. Again, told her friday we are not signing that addendum. Any thoughts on this that can help us out.? even though we told her to tell them we are not signing, I think she's actually thru dealing with this because there not budging. I am about ready to give and sign. Was you attorney able to help you any better than mine? I am really upset about all of this, she seems like she doesn't know what she is doing.

 
 
 

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