I have heard from three people on 07/16/08 that they had someone call or come by asking them to sign a gas
lease. Two of them said the person was from Dale. The another person said "I had a blond kid about 18 years
old stop by my house". I figure he was with Dale also. I have been told of two different offers being made. One
is the same $12,000 per acre and same terms as the certified letter sent out on 05/30/08. The second is an amount
from what I can tell is about $15,000 per acre or $2500 flat. And to think the certified letter said that was
our last chance.
Remember that is about more than just the signing bonus. Which the offer they are making is still way below what
other neighborhoods are getting. Other things to consider is the royalties structure (It makes a huge difference
in how much you get), terms of the lease, protection of your property from their activities. The lease they want you to
sign gives them all the rights and you none. For those of you that understand how bad the main lease is you
should see the addendum that goes with it. I have a friend that lives in a very nice neighborhood in north Fort
Worth that received the full lease and addendum and he showed it to me. It made the main part lease look not so bad.
It made the lease even a worse thing to sign. Their HOA has agreed to hire an attorney to get them a real lease.
You can e-mail me questions, comments,
about this site at sandybrook@charter.net
This site was designed for 800x600 screens