"Judy, as everyone has said, keep ALL correspondence. Try to get email addresses from ALL of the companies involved. Copy all when emailing and be sure to have your owner no. and serial no. of the wells in question when emailing or sending other…"
"I don't know if they are required the operator of our well, EnCana, did. We were leased with another co. so I got email contacts of both companies and copied each with info on our correct decimal interest. They were both good about working with…"
"Be aware that under the code, there are limited routes for a lessor to compel information directly from the operator (rather than through their lessee), but it is possible. As you create your records of each's responses, remember you may…"
"Well, I did get a written reply from CHK. It seems that according to CHK "QEP, the operator of the Wells caused the negative balance due to adjustments" all the way back to 2010...I got a 9 page statement recreating…"
"Forestar is what remains of the Temple empire. They broke up the company (voluntarily) around 2005 (because Carl Icahn was about to raid them and do it himself) and the land and minerals division became Forestar, the finance division (Guaranty…"
"Let me make this more complicated. Say you are leased with Company A and it is NOT the operator. Company B is operator and Company B files bankruptcy. We could see companies file BK if the market does not improve, so all of us could be…"
The Comstock June 25 corporate presentation contains interesting information on the company's areas of focus. Of particular interest is the comparison of their "old Haynesville well design with their "new" design producing more from the same volume…See More
If we measure the importance of a commodity by column inches in newspapers and magazines or the thousands of words spoken on financial talk shows then crude oil is the hands-down winner. There are plenty of reasons for that interest – oil makes our…See More
"It was a suggestion Jay. I don't think she would get anything more than a 1/5th here. All negotiations have give and take. The suggestion I provided is a good one for her and has been established in the area."
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More