Replies to This Discussion

Permalink Reply by bville on February 16, 2013 at 2:06pm

Antero filed my release of the 5th. Today I received a letter from them that we were released. Good luck, I hope they pay.

Permalink Reply by Philip Brutz on February 16, 2013 at 2:50pm

Just curious why some landowners did not go with the Smith-Goshen group?

Permalink Reply by Rick on February 16, 2013 at 3:01pm

They released my 5 parcels Feb1, received letter today with copy of release.  What a shame to wait 5 months and get dropped specifically after I asked them if they were going to cherry pick. They stated they wanted everything they could get! 

Permalink Reply by Finnbear on February 16, 2013 at 3:42pm

Who is "They"? Antero or ???

Permalink Reply by Rick on February 17, 2013 at 3:56am

Antero thats the heading on this discussion

Permalink Reply by Finnbear on February 17, 2013 at 10:51am

I know that. The response about being released was in a thread that was about the Smith-Goshen group so I wanted it made clear that the releasing was being done by Antero, not the company who leased Smith-Goshen.

The landmen will always tell the landowners they "wanted everything they could get!".

Permalink Reply by LewisClarku on February 16, 2013 at 4:42pm

If you don't mind me asking where were your parcels located (township?) and how much land was involved? just trying determine which area they're focusing their sites on....

Permalink Reply by Rick on February 17, 2013 at 3:58am

Union, Flushing, Mead.  I figured they would not want Mead but with well in Egypt Bottom I thought they would pounch on Union

Permalink Reply by bville on February 17, 2013 at 2:10am

I was a member, but it just didn't seem  they were getting anywhere. I guess I made a mistake. I wonder if Rice will cherry pick.

Permalink Reply by Finnbear on February 17, 2013 at 10:40am

I also don't believe they will sign any more acreage "just to take acreage". Part of what S-G wanted was an "all or none" offer, and because of the board's hard work, the amount of producible acreage (ready made drilling units), and the group's patience, we got that. If your acreage is located such that it is an asset to what Rice has already signed, then I believe they will want to deal with you. If it is non-contiguous to what they already have, I think they would be foolish to sign you.

Permalink Reply by Finnbear on February 17, 2013 at 10:34am

If you had stayed with S-G, you would have a deal that didn't allow them to cherry pick without compensating you for it. The fact that they were willing to include that in the offer tells me they are very serious about producing our acreage.

Permalink Reply by Billy Park Whyde on February 17, 2013 at 2:06am

   The term "Cherry Picking" I really don't agree with 100%. A O&G company can not simply start writing checks to every landowner that wants to cash in on a lease bonus. I wouldn't call it "Cherry Picking" if you had say 200 acres and you thought it had more oil than Alaska and a O&G company ran title search and found your land was isolated by your neighbors HBP land, current lease with another company, neighbors no surface use clause and the list goes on.

  We as land owners for the most part consider our property our business.  Likewise unless we know what our neighbors business is to blame the O&G companies for not leasing our property is rather  making them a scapegoat for something that they can not  control.

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