Last View: 4:42AM, 26 Jul 12
Last On: 6:14AM, 4 May 11
William Buffington
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J B Nabors replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"I do not know that your 99% figure is mathematically accurate, but the underlying content is quite accurate. The royalty owner is at a tremendous disadvantage. Although there are honorable companies out there, IMO, Chesapeake is not one of them. *…"
Dec 27, 2012
William Buffington's discussion was featured

Enhancement Clause by Chesapeake

I just noticed after almost 8 months of receiving royalty checks that Chesapeake added some deductions for gathering and fuel to my production statement.  My lease call for a free royalty.When I called Chesapeake the lady indicated that I had "an enhancement clause" that allowed them to charge me for these additiional items.  Does anyone know if this is true?  See More
Jul 11, 2012
17 Comments
Krkyoldhag replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"Did any of the rest of you get the think slick publication from CHK touting all the charities they donate to and how many millions they give away to communities?  seems to me they should pay debts before they give away money.  but I…"
Jul 10, 2012
tc replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"I am curious what Chesapeake's answer will be.  I wouldn't be surprise if it is this.  Per LA DNR the Henry Hub cash spot price for April was $1.95 and in the late 90s the EIA did a study that showed that well head prices were…"
Jul 10, 2012
Spring Branch,mineral owner replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"They tried that "enhancement" clause on us and thank goodness we didn't bite.  Looked to me like it defeated the purpose of the no cost royalty provision, though I didn't realize at the time that it was CHK's…"
Jul 9, 2012
phaco replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"My father in law has substantial acreage in Kansas in the Mississippian oil play.  I advised him to leave it in the ground instead of leasing to CHK.  I hope others do the same.  Protect your friends and family."
Jul 9, 2012
DrWAVeSport Cd1 replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"Roy, CHK knows that 99% of individual mineral owners won't ever file suit... And CHK is getting away with "fracking" financial fraud...IMMostHumbleOpinion CH Unleased Mineral Owner"
Jul 6, 2012
rupie replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"If we are paying the "enhancement fees" to help the gas bring a better price,why are we still getting the going rate for gas? Shouldn't we all be reaping the benefits of the enhancements?  "
Oct 21, 2011
Ben Elmore replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"Based on the situations I have looked at, CHK is using the clause to do an end run around the cost-free clause.  Do they have a leg to stand on?  IMHO, no. "
Jul 27, 2011
sfbrion replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"Ben,   In the situation you have evaluated, do you think CHK has a leg to stand on?  I have discussed this (almost exact) clause w/ contract landmen in regard to a Pennsylvania CHK lease and they indicated it referred to…"
Jul 27, 2011
Roy replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"That is one thing CHK is a master at is making one statement then throw a clause just the oppisite. One would think if they were making more money they would pay mineral owners. However that is just not the case since they have many lawsuits for…"
Jul 27, 2011
William Buffington left a comment for William Buffington
"Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.Because our…"
Jul 27, 2011
William Buffington's discussion was featured

Enhancement Clause by Chesapeake

I just noticed after almost 8 months of receiving royalty checks that Chesapeake added some deductions for gathering and fuel to my production statement.  My lease call for a free royalty.When I called Chesapeake the lady indicated that I had "an enhancement clause" that allowed them to charge me for these additiional items.  Does anyone know if this is true?  See More
Jul 26, 2011
17 Comments
Henry replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"What If found particularly upsetting about this language is the following:  I know of at least three people, who when negotiating their lease with CHK, asked for cost-free royalties.  They were all told, yes, you may have cost-free…"
May 3, 2011
Ben Elmore replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"No Pat, I am happy to tell you what I know.  In short, the enhancement language at issue was included by CHK and its landmen typically at the end of some cost-free royalty clauses.  The language I've seen provides:   It is agreed…"
May 3, 2011
pat kairschner replied to William Buffington's discussion Enhancement Clause by Chesapeake in the group Leased by Chesapeake
"Howdy ben. Its nice that the res† of us cant know the answer. Your a real shaler guy. Do you pull wings off butterflies ,o do you just want everyone to know how smart you are?  "
May 3, 2011

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At 7:42am on July 27, 2011, William Buffington said…
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.

Because our network has grown word-of-mouth, I want to encourage you to invite your friends and family by clicking here.

Be sure to check out our tool bar. It will speed up your participation. Download our free toolbar


There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.

Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.

As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.

best,

Keith "Haynesville"
Site Publisher

P.S. Have fun SHALING!

 
 
 

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