Posted by Greg1959 on June 10, 2015 at 19:46:24 from (69.176.46.42):
In Reply to: Re: Fracking posted by John in La on June 10, 2015 at 19:22:23:
John in La- In my area, the drillers won't even let out that they are even doing a test well unless they have already secured the leases of the lands that they want to to drill.
Why would they drill a test well to see if it produces when they haven't procured the rights to the properties?
It's kinda like, Okay, I'll drill the test well and if it produces then I'll buy the leases? It does not work that way.
As you said in a previous post, you/parents own ~2 acres of property. That is a pittance to drillers.
Obviously, if your property was important to the drillers, they would have already contacted you about purchasing a lease. They know where the drill goes and what they plan to do. 1/4 mile away from your property frees them from the "320 foot Buffer zone".
My suggestion...Do what I'm going to do this year. I have some property in a city, I hope to find a charity to donate it to and take the tax write-off.
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