Chesapeake no payment for May 2016; March 2016 gas

It is my understanding that Chesapeake is not paying royalty payments this month for most of Bradford and Sullivan Counties.  No statements, company line, costs were greater than production, landowner owes us money.

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0ym9x5ag7ury2Permalink Reply by 0ym9x5ag7ury2 on June 11, 2016 at 4:41pm

The wording in a SURE lease that says a producer can fail to follow the lease and it will remain in effect.

Severability
If any portion of this Lease is held invalid or unenforceable by arbitration or any court of competent jurisdiction, the other provisions of this agreement will remain in full force and effect. Any provision of this agreement held invalid or unenforceable only
in part or degree will remain in full force and effect to the extent not held invalid or unenforceable.
Permalink Reply by Frank Walker on June 12, 2016 at 5:24am

Chesapeake is the industry leader . . . . . . . . . in corruption!

0ym9x5ag7ury2Permalink Reply by 0ym9x5ag7ury2 on June 13, 2016 at 4:10am

Frank,

      Well said.

Permalink Reply by Darlene C Falcone on June 14, 2016 at 3:12am

  My wells are in Wyoming County PA .  And we did not receive any payment for May as Well. I was told the same that the cost was more than the return on production.  We also didn't receive payment from the other

three companies. My argument to them was the production reported to the Dept of Oil and Gas was more

than the previous months ?   I explained to Chesapeake that I had the right to see documentation on the production cost. Still no paperwork. 

Permalink Reply by marilyn ascani on June 14, 2016 at 3:15am

Hi, Darlene, same thing in Sullivan County, got payments from the other three companies but owe CHK $19.67.  Did you know John passed away?  Was a year this Monday.  Are you still at Stell's?

Permalink Reply by alexandra on June 15, 2016 at 6:39am

I sent an e-mail to Yaw.  Called AG Kane, spoke to two people who were going to transfer me to the right person, went into voicemail.  Left a message about no payment, negative balance, and no paperwork for May.  People, no one cares.  Look at Texas, after years of the same abusive treatment Chesapeake settled for $4,000.  a landowner.  Peanuts compared to what they were probably owed.  Maybe in ten years Pa landowners will get the same.

BTW, I have called AG Kane a few times already over the last several months being put into voicemail, and up until today have gotten no response.  So GOOD LUCK to landowners!!!

Permalink Reply by T Conner on June 15, 2016 at 7:42am

I have not read any articles on the 13,000 claims for 4k each on weather it is fair on not.   Texas wells are smaller and I had heard a year ago that the estimate for Bradford County was 200k underpayments alone.  The main point is that CHK is loosing more and more cases.  That the good news.  The Texas care took four years and the terms are not complete yet.

0ym9x5ag7ury2Permalink Reply by 0ym9x5ag7ury2 on June 18, 2016 at 4:57pm

T,

    Here is the article on the Texas Barnett Shale Landowner sell out to Chesapeake. It was on  this website a few weeks ago.

http://www.dallasnews.com/business/energy/20160523-chesapeake-and-t...

As I said elsewhere, to get 90% of your plaintiffs to agree on a settlement can be done by one lawyer today, since retainers used in these court cases state that the lawyer can sign an out of Court Settlement for the Plaintiffs. I read it, and didn't sign it.

Permalink Reply by Robin Smith-lutz on June 18, 2016 at 10:45am

Politicians are being given big campaign donations to keep them off CHK back. Its cheaper than paying for the using they are stealing from us.

Permalink Reply by marilyn ascani on June 14, 2016 at 3:12am

Yes, I called CHK to see why I did not get a payment and they told me I owe them $19.67 for an overpayment.  Can you Imagine that?  I said take it out of Aubrey McClendon's life insurance policy or send me a bill.

Permalink Reply by Darlene C Falcone on June 14, 2016 at 3:50am

  No longer with Stell . And yes I did hear about John I am very sorry for your lose. He was a wonderful man. I am sure you miss him deeply.   Good luck on your wells.

Permalink Reply by John Capwell on June 17, 2016 at 2:10am
Marilyn: your frustration and anger is justified. I attended a meeting in Albany Township, Bradford County on Tuesday. Senator Yaw's office had a representative there and new to the scene was Senator Wagner (York County). Another bill for "overpayment" was discussed and the dollar amount was in the hundreds of thousands of dollars. Fortunately there was a hard copy of that bill and he took a copy with him to Harrisburg. You should request (demand) a hard copy of the bill.

The reason this is a major issue is multiple reasons. There is no verification by outside sources of the deductions,the gas flow from the wells and the sales figures presented by the companies. I would say that any time that you owe money to someone you need a bill to verify the accuracy of the bill. Then forward it to your attorney.

The other item stated as fact at the meeting is that Chesapeake failed to pay the state any royalties. In our current budget crisis that alone should wake up the state during the current budget negotiations. And finally, because we, as royalty owners, received no royalties, we will not be making tax payments to the state on that income. Another blow to us and the state coffers.

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