"Sometimes when a company is ready to sell they show the books to prospective buyer of profit made if it looks good makes a quick sell
I know a car dealer who wanted to sell for a high price within a couple years. So he sold cars cheap sometimes at a…"
Dave in Ohio's Discussions
Montage/Eclipse Taking 97% Deductions
Started this discussion. Last reply by 01i07a3wywens Sep 1, 2020. 23 Replies 2 Likes
Everybody who has a lease with Montage/Eclipse, be sure to check your July statement. They took 97% in deductions from my property in Ohio this month. You read that correctly: ninety-seven percent…Continue
Tags: Ohio, Deductions, Royalties, Eclipse, Montage
Hey, Ohio! Let’s sue Antero!
Started this discussion. Last reply by James Rowland Milleson Dec 13, 2019. 22 Replies 0 Likes
Are there any attorneys out there who will help me sue Antero? Every month, year after year, they skim more in deductions from my royalty statements. This most recent check had 63% taken out, and…Continue
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skittles replied to Dave in Ohio's discussion 'Montage/Eclipse Taking 97% Deductions'"No check from montage/eclipse in July. They have been taking 50 percent and more deductions for a long time. Phone call with no response."
"Wells shut in
or robbed ?"
Lou replied to Dave in Ohio's discussion 'Montage/Eclipse Taking 97% Deductions'"July 2020 110 acres in two units didn’t receive any royalty check from Gulfport. First time this happened"
"Yes, wells were shut in for a bit. Is your lawyer for hire ? offer up if you know
thank you "
"Coming from the only person I trust at Eclipse/Montage he said they have been choking wells back due to the price in oil the last 3 or so months when oil really tanked , he said we should see lower values in our payments for around 3 months because…"
"I can't help but wonder if Montage has been doing all it can, including reducing royalty payments to almost zero, to boost its value for the sale. It seems like something that should be taken up with the state AG if that's the case."
"Couldn't have put it better myself."
"Deductions from gross royalties"
"I think if more people checked their statements, they would be outraged. I've reached out to attorneys that I've worked with in the past, and every single one of them has flipped to representing the companies rather than…"
"Check the bottom line of your monthly statement. Divide deductions/gross, and that's what percentage has been taken. "
G.H. replied to Dave in Ohio's discussion 'Montage/Eclipse Taking 97% Deductions'"Yes, you see it right on the check, looks like this, for example: Owner Gross: $2000.00; Owner Net: $100.00
A nice kick in the balls when you open the mail."
"They take 2k in deductions and you get $100. The 100 bucks doesn’t come close to a 25% royalty "
G.H. replied to Dave in Ohio's discussion 'Montage/Eclipse Taking 97% Deductions'"Seen that. Don't know much about SWN or their royalty-paying practices."
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