"I'd want paid in full before they break ground, but that is up to you. Make sure you have a competent oil and gas attorney look over the lease BEFORE you sign. Some companies have been known to slip in language that allows them any…"
"The Kidder Law Firm and Arenstein and Andersen, LLC are currently representing a number of landowners in Eastern Ohio regarding this issue. I understand the lawyers are talking, but no lawsuit has been filed yet. I'll post when I…"
"Just FYI, Encino is taking 95% + percent deductions off of royalty statements, so you won't get anything near your 20%. Before you sign anything, take it to a good lawyer to make sure you have strong language regarding deductions. …"
"Kathryn, I'm familiar with the Kidder lawsuit; I was at a landowner meeting with them. The suit hasn't been filed yet, but should be soon. The reason they weren't taking any more clients is that they were overwhelmed with…"
"Okay, after a little investigation... First of all, go get your magnifying glass. If you pull out your 1099 from Encino and look a the three boxes under the box that contains your name and address, you will see a box with two lines in a very…"
When I opened my 1099 form this morning I noticed the same thing. I rolled my eyes, thinking that Encino can't get ANYTHING right. I set it aside to look at it later. A few hours later, my neighbor called, saying he had…"
"If she's not getting the pad, it seems to me her big worries would be either an access road or gathering line. She should talk to her attorney. Good reason to NEVER sign anything relating to your property without your attorney's…"
"Class action suits aren't going anywhere soon. There are groups that are taking E & P's on; Brian Day is right, no good is achieved by giving your opponent a heads up. If you own property that is producing but you are…"
"You may not be aware of what is going on in Ohio regarding royalties. From what I have been hearing from landowners around the region, all of the producers have been ramping up deductions on royalties to anywhere from 60 to 100 percent of the…"
"Agree with Dott; get a good oil & gas attorney. If there has been no production on the old lease, it's kind of hard to see how it could still be in effect for that length of time. Don't believe anything Encino tells you; I…"
"It's hard to see how solar or wind power grows out of being a niche industry anytime soon. They require too much in the way of government subsidies and real estate. Large-scale battery storage technology just isn't there…"
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 ]