Posted by Doug Cotton on July 21, 2014 at 22:42:10 from (216.245.232.153):
In Reply to: Oil and gas lease posted by rrlund on July 21, 2014 at 13:19:37:
If its the same people that were up here in Kalkaska a couple of years ago, send them packing! They were up to $1750 an acre, a lot of 1000-1500/acre, then one day they packed up and were gone. Stiffing A LOT of people. No check, no explanation, nothing. Encana, Chesapeake, and I think Chevron were the 3 big ones. If there are enough acres signed around you, push for a non-developmental lease. Then you don't have the mess on your property. That is if it is gas they are going after. They can horizontally drill close to 9000'. But be ready to hear a lot of the people complain about fracking. HUGE controversy about that up here.
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