What happens if your lease has expired but you are then included in a production unit?

Our lease has expired and no one seems interested in re signing us.  We see that some of our land is included in a proposed well unit.  They have not started drillling this well so my question is will the gas company that is drilling the well want to sign us to a new lease?  Can we be in a unit and not have a lease?  If yes, how do they determine the royalty percentage.  There are several other land owners named in this unit who do not have current leases.  Thank you in advance for any feedback!

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Permalink Reply by Barbara on July 6, 2012 at 1:29pm

It does sound like that is what happened to us, thank you for letting me know. 

Permalink Reply by RRJ on July 7, 2012 at 1:01am
I read what Jacque wrote about the CHK lease ..I do have that written in my lease and I am coming up on the lease expiring in march 2013. I had all of the 3-D seismic testing done last year and have not seen or heard anything since..how do I check to see what will happen with the resigning, if at all...
3rdk2fq1zz77dPermalink Reply by 3rdk2fq1zz77d on July 8, 2012 at 8:37am

RRJ... contact Bryce Ward

Bryce Ward
Sr Landman

Chesapeake Energy Corporation
P.O. Box 18496
Oklahoma City OK, 73154-0496
Phone (405) 935-4565
Fax (405) 849-4565
bryce.ward@chk.com

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