Thank you Carol. I do hope you are doing well with this site and with gas royalties also. But I believe most of us have struggled with the deductions issues.
I believe the most likely successful approach is with the MacDonald firm out of Texas. They have experience in this area, success on a small scale and are now filing in 4 states against Chesapeake.
I believe their strategy presents the best chance to prevent deductions in the near future as well for the long term. My view is that I, and my wife, will benefit in the near future. Our children and grandchildren will benefit in the long term and I do believe we need to take the long view on this.
By the way, I am originally from the Wysox/East Towanda Area, with property in Terry Township.
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 ]