Our Chinn Wells have been sold to a company out of Ft Worth named Trivium. I imagine. What you have stated is how it will all play out but honest I don't think Samson is even paying for what they are producing so it likely will…"
What do cross unit horizontal well mean?Got a division order from Chesapeake Energy today do that mean that all three sections that have been drill everyone have a share of the royalty or do you just get a share from the well in your section because…See More
"Gale, we received the same paperwork. Our only experience in a similar situation is when most of the GMX wells were sold in bankruptcy in about 2010. I do not know if it was at auction. All of the units we are in were purchased by East…"
Yesterday I received notice from the Bankruptcy court handling Samson's bankruptcy. It's a " NOTICE OF DEBTORS' MOTION FOR ENTRY OF AN ORDER AUTHORIZING DEBTORS TO SELL CERTAIN OIL AND GAS ASSETS FREE AND CLEAR OF ALL LIENS,CLAIMS,AND…See More
"I'm glad to hear that about the well cost.
Again, I'm not being a crank. Long term damage has been done to the credibility of the oil & gas business with the investor community.
My associates trying to raise money in Manhattan…"
"33 mmcf in a month?
What a dog!
Those EXCO boys excelled at one thing: losing/wasting money.
The EXCO boys need to be selling used cars, teaching high school phys. ed., etc. They need to get out of the patch.
Doing this in my head,…"
"<<<I can't claim money I never received>>>
Well, actually, you can in your case. The IRS will accept tax returns showing gross receivables less expenses. You just can't claim more expenses than income. In other…"
"Call in to CHK's owner relation's dept - 877-245-1427. Tell them you want to set up an online portal account to view your royalty payment info. They should provide you a link to set it up. Then you will be able to go to ShaleCast.com and…"
"I have almost the same from XTO and the worst part is they want me to claim over $300 in royalites when I actually only received $128. They called me and explained it was just like a paycheck with deductions. I disagree because…"
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