O&G Landman knocking on my door for 'lease' | Page 3 | TigerDroppings.com

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boosiebadazz
Member since Feb 2008
46097 posts

re: O&G Landman knocking on my door for 'lease'


yeah, there is some wrong info in this thread





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junkfunky
LSU Fan
Member since Jan 2011
14315 posts

re: O&G Landman knocking on my door for 'lease'


quote:

yeah, there is some wrong info in this thread


Haven't seen much correct info yet.






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777Tiger
LSU Fan
Member since Mar 2011
14078 posts

re: O&G Landman knocking on my door for 'lease'


quote:

Haynesville I'm guessing.

This was in Barnett, but they've cooled down over here too, with the NG prices dropping.






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boom roasted
Member since Sep 2010
20405 posts

re: O&G Landman knocking on my door for 'lease'


quote:

Haven't seen much correct info yet.


That's what the OT is for right? People talking about shite they know nothing about.






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777Tiger
LSU Fan
Member since Mar 2011
14078 posts

re: O&G Landman knocking on my door for 'lease'


quote:

That's what the OT is for right?

just don't try and offer legal advice or Barrister will rat you out






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redstick13
Wofford Fan
Cameroon
Member since Feb 2007
22457 posts

re: O&G Landman knocking on my door for 'lease'


I read this Upton Sinclair novel. It ends badly.





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ForeverLSU02
Penn Fan
Albany
Member since Jun 2007
29878 posts

re: O&G Landman knocking on my door for 'lease'


quote:

his was in Barnett, but they've cooled down over here too, with the NG prices dropping.
Yeah Chesapeake lost some serious $ in the Haynesville






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TH03
Notre Dame Fan
Member since Dec 2008
98860 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


Have fun making absolutely nothing while your lot is drained!





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TH03
Notre Dame Fan
Member since Dec 2008
98860 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


quote:

You mean selling your mineral rights for eternity?


First, it's for 3 years unless they get production

Second, are you going to drill multi million dollar wells and get this oil out?






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TH03
Notre Dame Fan
Member since Dec 2008
98860 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


Starting with "selling your minerals"

You're not doing that. Minerals are not "owned" until extraction



This post was edited on 1/16 at 5:33 pm


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boom roasted
Member since Sep 2010
20405 posts

re: O&G Landman knocking on my door for 'lease'


First,



Second, you sound like the a-hole he doesn't want to sign his mineral rights to.






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TH03
Notre Dame Fan
Member since Dec 2008
98860 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


I do more important things than leasing so I don't care





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Breesus
New Orleans Saints Fan
House of the Rising Sun
Member since Jan 2010
28568 posts

re: O&G Landman knocking on my door for 'lease'


quote:

yeah, there is some wrong info in this thread



nearly every post






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TH03
Notre Dame Fan
Member since Dec 2008
98860 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


Except for boosie, junky, and me





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ForeverLSU02
Penn Fan
Albany
Member since Jun 2007
29878 posts

re: O&G Landman knocking on my door for 'lease'








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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
30530 posts

re: O&G Landman knocking on my door for 'lease'


quote:

have an attorney read over the documents to make sure he isnt trying to screw you, but this is how it works


For $150 I doubt it's worth the trouble.






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boom roasted
Member since Sep 2010
20405 posts

re: O&G Landman knocking on my door for 'lease'


quote:

so I don't care


Pretty worked up for not caring.

Moving on...






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TH03
Notre Dame Fan
Member since Dec 2008
98860 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


I spent 2 years leasing .2 acre lots in the midst of the Haynesville boom. Idiots wanted 30k/acre and ONE THIRD royalty when we offered 20k and a 1/4


Insanity.






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redstick13
Wofford Fan
Cameroon
Member since Feb 2007
22457 posts

re: O&G Landman knocking on my door for 'lease'


quote:

nearly every post



My post is factually correct.

quote:

I read this Upton Sinclair novel. It ends badly.






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thedogman
New Orleans Saints Fan
Member since Dec 2008
1512 posts

re: O&G Landman knocking on my door for 'lease'


He isn't trying to buy your minerals he is trying to lease them. For probably 3 years and 25% Royalty. If they don't drill your section in the primary term then 100% of the minerals will return to you. If they do drill a well in your section you and your neighbors will receive royalty money. When a collective group of you and your neighbors receive royalty your community will benefit from this injection of cash. Oil and Gas companies aren't doing this to make peanuts or break even. If you like I will look over the lease for you. You can email me at thedogmantd@gmail.com and I will walk you through the lease and answer any questions I can for you. Whenever I come across mineral owners that say it isn't worth their time for that amount I suggest they sign the lease and then assign me the money $150 extra is good enough for a tank and a half of gas trip to the grocery store or buy something for myself for no other reason than besides someone walked up to my door and gave me $150. Most people don't sign because they don't know how it works. Take a little time and look at it or have someone look at it before you dismiss it.


Disclaimer I am not a lawyer






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