Shell drops the floor out of Lease Offer

My dad has a lease run out in June, and he had a landman stop yesterday. Apparently, they are offering $1,000 per acre.. LMFAO

 

Does Shell really think the landowners that signed the original BS leases are gonna come out and sign for that after their neighbors just signed for $3,250 6 months ago? I know, I know, it's the old they don't have competition. Tell you what, add up the acreage of all the old leases coming due, along with current holdouts, and they just found competiton. I really hope that landowners, without LAWYERS can keep communication lines open and not settle for BS lowball offers....

Views: 19232

▶ Reply to This

Replies to This Discussion

Permalink Reply by Jesse V. on April 23, 2013 at 1:53pm

It wouldn't hurt to start by either calling or sending a letter to your neighbors around you. Then expand out from there. Most likely many are in the same boat as you. After school is out you'll have some extra time to dedicate to all this but definately get the word out before people start getting picked off and you lose leverage in negotiating. If enough people are on board you should be able to force Shell to up the ante or entice another company to come play. 

Permalink Reply by Lance Nimmo on April 24, 2013 at 1:09am

That is kind of my thinking, thanks!

Permalink Reply by SBRW on April 24, 2013 at 12:58am

Lance - What county you in?  Butler county here and shell shenanigans as well. 

Permalink Reply by Brad Wiley on April 24, 2013 at 2:42am

$1,000.00 per acre is insulting in view of recent leases in the county.  As far as forming a landowners group, I tried that when Shell was interested in our area. Extreemly difficult to say the least. Someone was quoted as saying it was like herding cats...Good luck Lance

Permalink Reply by Susquehanna Sally on April 24, 2013 at 2:57am

Funny how their M.O. never changes.  I guess it keeps working so why fix it....

2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on May 13, 2013 at 11:45pm

mtc (my two cents), *cinn (change is nothing new), komo (keep on movin' on), teto (to each their own), haid (how am I doing?), Oeho (Opinions, everybody has one), totke (takes one to know one), mtc-fwiw (my two cents - for what it's worth),haid (how am I doing?), ktc (keep the change)..., 

batf (be above the fray), *wdnm,llnh,dlnm (WORK like you don't need the money,LAUGH like you've never been hrt, DANCE like no one is watching)...

wmms (walk a mile in my shoes...)  -OR-  wm3s (walk a million miles in my shoes...)

----------------------------------------------------

*Miss Susquehanna Sally, it is funny..does M.O. stand for 'Mucking Out'...stalls & such +?

SO 'HOT!' - SHELL game SUCKER-PUNCHED? - Go Marcellus & Utica S......read through this...from Jan 13,2013...

----------------------------------------------------/

batf (be above the fray), ngu (never give up), hnd (have a nice day)

Permalink Reply by paleface on May 14, 2013 at 4:56am

 What does GG stand for Gay Guy. LOL

Permalink Reply by Chris Crawley on May 14, 2013 at 5:27am

Maybe GG & Frank Dux are one and the same???

 

Permalink Reply by Jim Litwinowicz on May 14, 2013 at 5:23am

Going Gault

2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on May 14, 2013 at 11:36am

iawia (I am what I am)

aru (as R/are U/you...)

As one light lights another, nor grows less - so nobleness enkindles nobleness. mtc (my two cents)...

2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on May 14, 2013 at 11:38am

iawia (I am what I amI

aru (as R/are U/you)

as one light lights another, nor grows less - so nobleness enkindles nobleness

2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on May 14, 2013 at 11:52am

totko (takes one to know one?) batf (be above the fray), teto (to each their own), Oeho (Opinions, everyone has one?), mtc (my two cents), ktc (keep the change), fwiw (for what it's worth, ngu (never give up), wmms (walk a mile in my shoes), komo (keep on moving on), cinn (change is nothing new), sil (such is life), watch out for the rpm (regular people's minds), botb (best of the best) - haid (how am i doing?) ngu (never give up) hnd (have a nice day), wM3s (walk a million miles in my shoes), wfo (want to find out?) imwk (inquiring minds want to know)...and last, but not least sil (such is life)...

As one light lights another, nor grows less - so nobleness enkindles nobleness. wad (what a day!)

You're mighty funny, paleface - funny looking (stop staring in the mirror...it won't change anything!). You'll be fine, kiddo. I think you're gr-e-aat!!! (like Tony-the-Tiger's famous Frosted Flakes!)

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service