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Re: OT: Oil prospecting..I got a problem coming!


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Posted by jackinok on June 16, 2011 at 07:55:27 from (162.58.82.136):

In Reply to: OT: Oil prospecting..I got a problem coming! posted by bison on June 15, 2011 at 16:50:45:

I dont know any thing about canadian laws ,but around us they will just do it anyway under imenent(sp) domain laws.When that happens you'll just get the minimum amount they offer.Like i say thats around here in oklahoma.Best way( ive been dealing with them and pipeliners for years) ive found is to let them go ahead but to make a reasonable counter offer as to what you will take for damages.Its not ALL bad ,(though I'm like you also and wish they would just stay out),because they will also deal with you on say building a ranch road ,updating gates,cattle guards etc.Not so common for them to do the work themselves anymore ,but they will make allowances in the contract,to pay you to have it done.All of my ranch roads,gates, cattle guards have been built by the oil companies over the years.Not so common for them to drill and shoot off charges around here anymore,its mostly done by thumper trucks.ONE bit of CRITICAL advice though! BEFORE YOU SIGN ANYTHING!! DEMAND( most here will work with you very well) a meeting at your place with their representative.MAKE SURE they note the location of any wells and and springs, "IN THE CONTRACT", and stay away as far as they possibly can.Make sure it says ,in writing, they will pay for damage to them.Also reserve the right,for damages in case cattle get out etc of course.Now like I say thats american laws not canadian ,but most oil companies will work with you on these things ,and all of them ive had dealings with have been careful to fulfill their contracts .but obviously they aint going out of their way for your sake.so get it in writing and like I say meet them there ,show them what you want and expect,within reason of course.Contrary to popular belief,most of them are not out to plunder and pillage,take what they can and get out.Most of those folks you will deal with directly are landowners just like yourself and expect the same respect for their land.


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