I talked to the Monroe County Court today and found out by pure accident that Beck Energy appealed their case just today. For those that don't know, the case was moved to Washington County Court by the Ohio Supreme Court. The decision came down that Beck Energy leases were "not in the Public Interest" in the state of Ohio. In other words Beck lost and the landowners won. Now the appeal process has begun. My lease with Beck hangs in the balance as do 270+ Monroe County landowners just like me!
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Beck kept the mineral rights on the shallow oil and gas and assigned the marcellus and utica to XTO. alias for Exxon Mobil.
What was the legal decision based on? "not in the public interest" is very vague and would any judge allowance to rule anyway she/he pleases on any issue. Was there a particular clause or issue that was the basis for the lawsuit?
See the link to get a copy of the court decision where you will find the precedence used etc.
Because his leases were written with so much bias that he was basically stealing from uninformed landowners.
Usually when payment is not made you must notify the company of the failure to pay and if thereafter payment is not made then the lease is null and void.
Judy, I don't see your comment or the reply by Alan. Who is Alan?
WOW now that was some very interesting reading!!!!
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