I have been with Eclipse resource for six years last year I signed a renewal on my contract and opted for one year the payments on the signing bonus because they told me it would help them extend the…Continue
"Penn Energy/Rex deal same thing. they may try a Penn Energy public offering or attempt a cash buyer. Eclipse stock stayed low after the Travis Peak deal and Encap could not get a return. the reality is financiers may have destroyed one of the…"
"i am expecting activity here to proceed as planned. the "team" will have all new players. the founder and senior managers indeed have been put to sleep and will not wear the team uniform any longer. i imagine a winning ball team giving up…"
"Walt, my guess is there is nothing you can do. Sounds like you did not sign a paid up lease, but a delay rental lease. Under a delay rental lease they can choose to continue the lease by making an annual payment for your agreed-upon $ amount and…"
"Right. If a company can make more money by consolidating then they will continue to consolidate. We see it more and more each and every day. You either buy someone in your backyard or you buy something in another basin. EnCap is in the business of…"
"Euthanized HUH? Tankers and other trucks can be heard moving up Broughton hollow, often at night. Doubt they all belong to JP farms however. Other gas company pickup trucks from other companies are often observed and heard from out house. Living…"
"Walt this is the way they all have been doing, it had nothing to do with more money for drilling it has to do with paying as little out as possible, why lease for 5 years if you can get it leased for 1 year at a time, even if they knew they were…"
"you may get a better perspective of their intentions after the merger occurs in the 4th quarter with BRMR and new management. i would try to channel my energy into a leasing plan. i get your feelings very well since going through similar issues and…"
"All the drilling company use this kind of scam need to be railed by lawyers and whoever else can put the hurt on them for trying to scam the average workingman. I am truly Speechless for getting screwed like this by American company, I expected much…"
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 ]