Hello Guest
Landowner Rights Denied By Moratorium      NY: 9 Years, 11 Months | DRBC: 9 Years, 2 Months
YOUR SUPPORT KEEPS US OPEN       
       More Information

abarta oil and gas

  • 2 Replies
  • 3169 Views
*

chuck magofin

abarta oil and gas
« on: March 22, 2010, 09:06:07 PM »
i have a small tract in the center of a  proven gas feild which has been producing for over 30 years.

i have 100% of my minerals and will not pool nor accept any less than the standard royality.

abarta oil and gas want to drill but will only do so if i pool with lands/ wells next to me.

they will not provide any details as to how many wells in the pool or the acerage.

sounds to me like a screwing!!!

any ideas?
 

*

Zach

  • 462
Re: abarta oil and gas
« Reply #1 on: April 21, 2010, 08:17:42 PM »
Take the deal you will be left out if you refuse to pool your acreage, no other operator will ever come in and lease you parcel

*

g592314

  • 2660
Re: abarta oil and gas
« Reply #2 on: April 21, 2010, 09:54:49 PM »
how small is small?

obviously if you've just got a few acres you should take the deal

if "small" means 50 acres -- then, who knows