"Angelina County Shalers,
The well potentialed at 7.1 MMCF/Day with a 11,100 PSI casing pressure and a 12/64 choke (restricted choke). I obtained this information from Goodrich's latest management presentation.
The well is actually running…"
"In all the teleconferences and discussions I've had with McDonald Law Firm (MLF), this is the way the case has been explained to me....
Each individual plaintiff may choose to accept a settlement offer (if one is offered) or go to trial.…"
"I will respond here to both Skip's and tc's comments.
First, to tc....There will be no class-action settlement, because this is not a class-action suit here. The courts will tolerate hundreds (not 10,000) of trials here.…"
"Thanks fellows, maybe something will happen one day. I don't think they are building and investing in gas processing plants, wells, and pipeline construction for nothing. Kinda exciting for Lincoln parish."
"If you will take a look at the unit application that North LA posted you will see about half of Section 16 with the unit designation CV RC SUD. If you will notice the first unit map in North's post you will see that they are cancelling one…"
"Gotcha, thanks. So would that mean that the company holding the unit that sec.16 is in, is not allowed to drill a lateral into sec.16 from this newly created 5 section unit? They are 2 different companies, I believe....Bkg"
"The unit lines, both existing and proposed are a little difficult to see on the exhibits. Does this activity mean anything for sec.16 r2w twn18n. This section is north of and adjacent to the proposal....Bkg"
"One good outcome is the continued publicity of the industry's culture and predatory nature. No matter what kind of lease agreement is negotiated for the individual landowner (citizen or municipality), it is meaningless. Exactly how many of…"
"I expect this to end badly for either Chesapeake(monetary) or the royalty owners(unmet expectations) and maybe the court system. I do see a class action settlement sometime in the future, because I can see the courts saying no to…"
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