"Sorry, I stated O&G firm when I meant O&G attorney in previous post. The more I explain, the worse it gets. Previous post should have read:
"I am now understanding that my initial post may have been misleading regarding the input from…"
"I am now understanding that my initial post may have been misleading regarding the input from the O&G firm, so I would like to elaborate: My husband contacted the O&G firm and received a return phone call from them in which it was stated…"
"I have small acreage in T23R12W, offered $300/acre and 20% from Merit. Called O&G attorney and they said it was a good offer for my location, no recommended changes to the lease. 30 day Draft was presented with…"
"Thanks for your reply Skip.
So (in general), even though we were pooled with other sections, unless they drill a producing well in my section I should not expect to receive royalties?
Re: requesting a release to be filed...is this with respect to…"
I hope I make sense, as I'm not as well-versed as many of you with regard to oil and gas.In July 2006, I signed a lease with Winchester on my 40 acres within section 26, township 23 north, range 12 west (Plain Dealing area). A few months later, I received notice of force pooling of all the surrounding sections. Life got in the way, and I just forgot all about it.I recently was thinking of selling the land and called EXCO (who bought Winchester), who confirmed that my lease had expired, but had…See More
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