Attached is the latest on prices received by landowners in the Haynesville Shale. It's been a while since I posted, and I will continue to collect data and try to update the survey every 3 - 6 months. Thanks to all of you who submit pricing information to me.
Can we just email you our stub from petrohawk directly?
Has anyone else received the feb check from chk?
$1.27 Really? Is this a mistake?
Yes, $1.27 sounds low. I looked at the one CHK check of a relative, and it paid $2.19 for Feb. (This was not in the Haynesville Shale -- but I doubt that makes this big of a difference.)
Yep, I think Katie could help with this one.....?
I got the same thing.
Things are starting to come unglued in Oklahoma City!
I'd bet a dollar to a donut that isn't the price McClendon gets paid on his 2 1/2 percent that gets sold.
Reputation is big part of your success or failure.
A neighbor just dropped by (her son works in oil field related job but she clueless) in conversation about someone who works on rigs she stated she had heard that Cheasapeak might fold. I told her no they have billions in assets..just that there some pressure on stocks and some internal stuff going on.
But the thing is here is someone who simply not involved and she thinks from talk that they going down.
So gossip only? Yes.. But if management doesn't do some things fast to curtail the talk and speculation (I don't mean on this site..I mean out in the households who have members doing the real grunt work on rigs) then it will spiral down.
Kind of like Spirit Airlines. yes they have no refund policy and the ticket was only $181 they didn't refund to the vet...but that failure to figure a PR way out of the bad publicity will tank their bottom line. Over $181. Happens.
Its all in the way you deal. My husband had heart attack at boarding gate of Continental Airlines on return from a trip. We held the cheapest tickets, no changes, all the rules. But here is how the airline handled it: A rep called me several times while I was at hospital with him checking on his condidtion. They said that when he could travel we could use our tickets. They put us in First Class and contacted us to check on his condition after we returned to Dallas. I never expected anything like that and from then on as long as they operated we were loyal to Continental.
If I ran Spirit I would have a slush fund for situations like this guy presented.
Remember when Mrs. Helmsley told her employee that only the little people pay taxes? Opps. Jail time followed.
So first thing is damage control for Cheasapeak. I have no idea what their corporate situation is. But I do know how to deal with problems and people while I am in business.
And the area owes them big time...that's a fact.
You said, "no they have billions in assets." While that is true, don't forget they also have billions in debt that is getting harder and harder to service.