I must assume if you have a Beck Lease about due to expire, you have received a copy of Appeals Court decision that "Tolled" all of the leases and stopped the expiration at Oct.1, 2012. Mr. Beck…Continue
"We were told in a land group, when this all began 4 0r 5 years ago to never accept a draft. If you have a good Pugh clause it helps on those acres not included in a unit but even if you are released on the unused acreage someone must need your…"
"Oh yes and as far as being drilled and them not having to pay the remaining installments if you had been included in a unit I guess you would not have gotten any more lease money anyway? We hope they can weather the downturn until we get…"
"Guarantee no, but if you signed and had a lease language you wanted to keep, which those that signed should have had you are ahead of the game. 1. You kept that lease. 2. you were paid at the amount defined (most renewals were at 115%). 3.…"
"I hope EVERYONE takes every opportunity to learn every thing they can about the pipelines. I do not believe we should be against the building of infrastructure but we certainly need to be compensated adequately. Take seriously…"
" A sad thing for those who loved him. And a sad thing that an answer to the charges may be even slower coming or perhaps not at all. If the charges are never answered his memory for his family will always be tainted as will it be…"
"An attorney has said that signing the amendment with the 5 yr option will be no different than if it (bankruptcy) happens in the term of the lease, so if it were to happen before your lease expired your involvement would be the same either…"
"I'll just throw it out there that Eclipse did negotiate the amendment for some, however not the option terms. I do not know of any that were changed to 5 year terms rather than 5 year options. Virtually no other changes to the…"
"This is what I have read so many times.....and this is what others are reading #41 lines and below again "Finally Beck has filed a motion..........." and motion is denied.
Others continue to interpret this differently and as an…"
"Ok, here we go on another scenario. Read and reread the decision. Bottom line says Beck tolling order DENIED. Go back and read Becks last request on tolling and it does say tolling order expired????? which might indicate the…"
"Think about this, if I were the company selling and could say to a potential buyer, instead of 18 months on an existing lease I have secured an additional 5 years for a total of 6 1/2 years for you to drill and you only need pay on an annual…"
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 ]