The good side of Chesapeake

We've all read about and heard some of the negatives of Chesapeake on this site but they seem to be doing lots of good things in Carroll county:

"....Although tight-lipped with its comments to the media, Chesapeake has played the role of a good corporate citizen. It has agreed to maintain a couple hundred county and township roads used to access wells. It donated a used Chevrolet Tahoe to the county sheriff and paid $200,000 to digitize records for the genealogical society. Chesapeake also hosted a community picnic last summer, bought a champion steer and hog at the county fair and partnered with local nuns to enhance mental-health, adoption and foster-care services."

Heres the full article:

http://www.cantonrep.com/news/business/x935162651/Oil-and-gas-boom-...

 

 

 

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Replies to This Discussion

Permalink Reply by Joseph-Ohio on April 30, 2013 at 4:55am
Duly noted but there's more to the Ohio Utica oil and gas
industry than Carroll County - I think a lot more.
Permalink Reply by Happy for hardworking Farmers on April 30, 2013 at 6:12am

Yes, but it does makes sense to make a partial evaluation of them based upon their performance in Carroll, since its in the middle of their Utica campaign.

Permalink Reply by Joseph-Ohio on April 30, 2013 at 6:26am
It's all good information.
It's appreciated.
It all helps to develop an evaluation.
Thanks for your post.
Permalink Reply by evan on April 30, 2013 at 10:06am

You must not know alot of the underhanded things they do. Trust me ive seen alot of lies

Permalink Reply by Joseph-Ohio on April 30, 2013 at 10:14am
I don't doubt it.
I'm just acknowledging HHWF's
hard sought silver lining.
Permalink Reply by Happy for hardworking Farmers on April 30, 2013 at 10:47am

Thanks Joseph-Ohio, appreciate the gesture and realize that we're all aware of their darker side. Just trying to draw out a little of the good  Yes, maybe its the silver lining I always look for. :) Thanks!

Permalink Reply by wyalusing jim on April 30, 2013 at 10:58am

yup, everybody loves to hate chk, and nobody appreciates when they give back a little to the communities that they operate in. it's like so what? they have billions...

i got news for ya, most other companies dont do squat for the communities they're in. take swn. nothing...and if they have a landowner info meeting, which is rare, there's not even coffee or nuthin'. chk usually has refreshments and even snacks...and hats! they got the best camo hats!

some other companies do some stuff too. chief for instance set up a fund here in bradco for folks who couldnt afford their heating fuel one winter, and they bought some computers for a school.

hey...speaking of hats, i used to have fun with those hats when leasing was really hot here. i'd get one every time i could, i had hats from all of the companies...seriously! so anyway, whenever a landman came out to the house, i'd make sure i had a competitors' hat on. and i'd say, "yeah, he just left half an hour ago, wadda you got to offer?". that was fun.

and after a while you'd get to know which companies they disliked the most, and that'd make it even more fun. and when you're wearing somebody elses hat, guess what...they give you more of their hats. i've got drawers full of 'em now...and coffee cups, and beer can insulators and frisbees and tote bags and...well, you get the picture.

leasing is fun, if you treat it like it's business. ya dont ned to get emotional, and always pay attention to the subtleties too.

oh, and if chk has all of the leases around you and you're thinking, "i'll lease with anyone but them..."...bad move. i know folks who signed for less to avoid chk only to end up with them in the end anyway.

wj

Permalink Reply by Tico on April 30, 2013 at 12:02pm
I won't find any good side of Chesapeake till I start getting treated fairly by them, all the gas, mineral rights, that they are selling on our properties for $3.20 and charging $2.77 for transport fees, can never be recovered,it's gone for good, unless we get reimbursed later on when it's found out what they have been doing, yea, I guess you could find good points from a serial killer but why look,there treating people like crap and the only people that have good things to say about them are the ones who were knowledgeable enough to have lawyers go over the leases, and if they could have cheated them out of money they would have,,
Permalink Reply by wyalusing jim on April 30, 2013 at 1:39pm

i didnt have a lawyer.

i thought that timing would be the single biggest factor in getting the best lease possible. i think that things have worked out very well, but that's just me.

and yes, i do think that depending on the circumstances, you may stand a chance of recovering some of those deductions, but unless someone takes the bull by the horns and challenges chk, nothing is gonna change.

wj

Permalink Reply by Tico on April 30, 2013 at 1:43pm
I have already contacted a lawyer, as I think many others have done and if Chesapeake is selling the gas to themselves maybe something can be done to correct this,
Permalink Reply by wyalusing jim on April 30, 2013 at 1:48pm

chk appalachia is selling gas at the wellhead to chesapeake energy marketing inc. in the marcellus.

wj

Permalink Reply by Shower Bath on May 1, 2013 at 1:22am

Here's the link to Chesapeake's 1st qtr financial/operating report. Includes updates on all of their plays and where they are selling acreage. See the link...

http://www.chk.com/News/Articles/Pages/1813480.aspx

Randy

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