"We have seen our deductions from CHK rise from an average of $1.00/Mcf from 2008 thru 2013 to over $1.60/Mcf since Jan 2014. This is probably what has got Goodrich's attention and it has ours! I guess they are going to keep…"
"Halcon Resources Corporation (HK) ("Company") today announced that Floyd C. Wilson, Chairman and Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference in New York on Wednesday, September 3, 2014 at…"
I was searching DI for new permits for Houston County, and I found this "new permit." It says "Hackett #1" so looks to be a straight hole. Not sure why there's no actual permit to accompany this information. Maybe somebody can try the RRC Permit…See More
"The problem with "never" is that CHK can buy any lease or company it wants to, so you can't stop CHK from being your business partner unless you want to sell your lease/rights.
I agree, ironclad leases & laws can't stop…"
"CHK paid fair market on my well for 2 years. Then in Feb '12 they began the illegal withholdings. They do not care what your lease says. Luckily, EXCO bought my section from CHK and is already drilling several wells. BTW when EXCO took over…"
"Trinidad 222 has been gone for about a week. It was a smaller rig so wonder if that had something to do with why it took so long to drill.
Jones 2 looks to be cleaning up and getting ready to frac.
Nabors 897 started drilling early this week. EOG…"
Here's the problem. An "ironclad CYA" lease does not protect most people from CHK. Don't you think that the Dallas Airport, the Bass Brother, and all those others had great legal advice that wrote a lease that was…"
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