Proposed Community Lease

Posted in: W Meadowbrook
The proposed community lease is a total joke. Nobody is going to pay $30,000.00 per acre for a one year lease. I, like others want to recieve the benefits of the Barnett Shale gas deposits. Other neighborhoods across the entire county are successfully entering into community leases. Why can't our self appointed representatives achieve a working agreement. This has been eight months since this started. People in Arlington are receiving checks right now for $15,000.00 acre.

How can someone claim to represent us if they have a ''Just say no to urban driling'' sign in their front yard? You think they might have an agenda to stop us from getting any money?

I am upset over NO realistic negotations being presented. It is going to end up that NOBODY will get what they deserve and Cheseapeake will end up drilling anyway...afterall, they own the minerals and don't need to lease us.

I have remained ''silent'' for long enough. I really thought there was going to be a change. Apparently NOT!!!
Oil/Gas

I have heard that other neighborhoods are getting 100 leases signed and that their association then receives monies for development of that neighborhood. I was under the impression we wanted to revitalize this neighborhood...this would be an excellent way to do it!!!
You missed a great deal!

First, the members of the Task Force are not self appointed. We are formally elected members of our neighborhood organizations, and we received formal ''open meeting'' votes from our respective neighborhood memberships to pursue the community lease. We then received formal approval from ALL of our boards of directors to negotiate the final adopted lease. Also, you are a little behind the times. The highest bonus paid to date is $23,511.00 per acre.

Second, you have the right to sign a lease indepentent of what the Task Force is or is not doing.

Lastly, CHESAPEAKE DOES NOT OWN THE MINERALS AND CANNOT TAKE THEM IF THE PROPERTY OWNER DOES NOT WANT TO SIGN A LEASE. If they did not NEED the property owners, I promise they would not be sending out all these notices and having meetings at all the churches.

Just this week, Paloma/Holland has sent out yet another offer that is $1,000.00 higher than the offer they made just a couple of weeks ago....OH, but then they were offering a FREE turkey! A thousand dollar turkey...BOY THAT'S SUMTHIN!
Louis

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Have you not been paying attn.?

And I know you have. It was told to all of us at the meeting that 30K is a ''starting point'' of negotiations. Over the past few months the numbers have gone from 5K to 15K+ before long 30K will be looked at as a low. What makes you think that 30K is too high of a number to START ''Negotiations''? I am sorry that you feel that the gas under our neighborhoods (north or south of Lancaster) are less valuable then that of the ''better''??? parts of town or any where else in Tarrant County. We have been subjected with the harshest part of drilling in the form of an injection well not to mention the only neighborhood subjected with an injection well. Yes we should be compensated much more because of that alone not to mention the 200 plus trucks (per day) that they plan to push through our neighborhood because of this injection well. Sorry that you feel so low of those who have worked VERY HARD and for your lack of faith that they wont continue to do well for all of us. I am not for ''Urban Drilling'' either but it is here! Again 30K is a ''Starting Point'' for ''Negotiations'' Wake up and stop feeling so less of your neighborhood! It is a great neighborhood and should be treated as a great neighborhood and thought of as a great neighborhood (nothing less) and then you would realize that 30K is not a unrealistic figure to negotiate with. When we sit over one of the largest pockets of gas within the Barnett Shale one would be foolish to have signed before now and without letting those better informed and educated negotiate for the neighborhoods.

It's ok to post ''Anonymous'' but I feel if you feel so strong of your views and thoughts, why would you?
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