Posted by RKGodshall on August 17, 2008 at 15:16:42 from (63.174.244.87):
In Reply to: OT-oil and gas lease posted by TK-NE-PA-51 H on August 08, 2008 at 09:35:34:
I"m in Bradford County PA as well, and as yet have not signed....... and probably won"t sign. There are way too many unknowns for me. It is well published that the shale contains uranium and the water used to "frac" it becomes contaminated and must be run thru an appropriate wastewater facility. There are none here that can handle the radioactivity.
As for the landscape? I"ve seen where they moved mountains, etc. Hilly terrain will not hinder them. In Chesapeake Energy"s Stockholder"s meeting, the CEO stated that there are some challenges to be overcome and the infrastructure, including the landscape, would be just another hurdle to climb.
Land grabbers are double talking and offering deals like they are Vegas card dealers. Doesn"t sound to me like there is any honesty or reputation, and I don"t deal with those kinds.
Once you sign, any improvement or alteration they make to your land, entitles them to re-up for signed rate +$5 for an additional term. If you"ve signed, and they like your land, you"re locked. Having told many for so long that their land was worth $5 an acre, and many signed, they are in like Flynn.
There are very few actual freedoms we have in this country anymore. Land ownership is one I will not part with for any amount of money. If I"m wrong...... I"m out a million dollars. If I"m right... I have my house, my land and my self-respect. Those 3 are worth more to me than a million dollars. Just my opinion.
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