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Gump

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Everything posted by Gump

  1. Marlin XLR Stainless .410 "Normal" Marlin .410 Keeping the Stainless boxed and shooting the blued one.
  2. If wieners don't get paralyzed, just walk in a hotty Next time and forget the brain scans...
  3. Ya he's a good guy, does some research for my company at times. We had a community gas and oil meeting with him and a land broker, they were going at it. Bill plays it straight the brokers just want you to be dumb. He won the debate by being honest.
  4. Don't deal with land brokers or more oil educated people then you.They just buy it to sell it and yes they can write the lease so they keep the royalties. Just spoke with a Amish guy this morning who sold his to a broker for $5500 who turned around and sold it for $10,000 to another gas gas company other than Chesapeake. There are more big players in this game now. Gives you leverage.You can write into your lease that they cannot put a well on your property if you want. Let me put it this way. I have guys wanting to buy just my royalties for big money and the wells not done yet. You really need a lawyer to not get screwed. You can negotiate the pad size, start time, completion time, depth they bury pipes, access roads and their width, tons of things you'll never think of. Crop damage, timber prices, it goes on and on. The lawyer costs nothing upfront he only takes a portion of your signing bonus. Well worth it and I think I'm a do it myself know it all but I was wrong. Bill Williams out of Canton, Ohio handled mine and the whole neighborhood. He works for Krugliac & Wilkins. You should call him. He or one of his paralegals will steer you in the right direction if he is not already handling a group of landowners in your area. Ideally he'd group your land with people around you who are interested because the bigger lot of land he can waive in front of the oil companies the more desirable it is.
  5. They must of offered huge bucks or bought the land to put In a waste well. The neighborhood around here we all banned together with a lawyer and specifically said no waste wells. Someone asked about price per acre for gas and oil rights. A year ago their first offer was$250 an acre, we settled too early in the game for $2350 an acre. Ten years ago $2.50 or $10 an acre was norm. NOW 3 months ago it is $5500 now up to $10,000/ acre. Texas gets $23,000 per acre which another group of land owners near me is bidding out at that. This huge now. They are finding some serious gas and oil I heard yesterday. The lease I'm in is for 5 years. Then I can negotiate again. If they put a well on your property that's another contract. Royalties are from 17.5% to who knows at this point. The unitization or pooling size is 1 square mile from the well head if they go horizontal with the well. Then I think 500 feet on either side of the horizontal well. What that means is if your property is within a square mile off the well head or within the 500' of the horizontal line you get royalties based on your contracted % and the amount of your land that qualifies. The well doesn't need to be on your property. The landowner with the well on his property also negotiates into his lease how much free gas he gets. They usually just send u a check instead of running a line to your house. At least that's how I understand it. It's big money.
  6. If you're doing it, I don't envy that job the last few weeks. It was a sloppy mess on the stretch that crosses 43 north and south. It's turning east and coming thru Herberts tree farm to the well. It's all flagged up in his woods going thru Area 330 I believe. Do you work on the crews in Carroll county or just in the office?
  7. Yep, Chesapeake's got millions tied up in this. There's about 7 new wells around me and 3 currently drilling. They have even paved roads just to drill and are running a huge high pressure pipeline across Carrol county. They arn't stopping. Although earthquake insurance might be a good idea. Check this link. The pipeline extension is already happening. They're digging up hillsides. It's going to go across the street I live on. http://www.dispatch.com/content/stories/business/2011/12/23/newpipelinetocarryohiogas.html
  8. I think you're a Douchebag and you only have 14 posts.
  9. We like guns and bikes. Not necessarily in that order.
  10. Gump

    Roybi tools

    Rigid:That's a good deal if it part of the warranty. As far as batteires go, Deep cycle batteries ahve a expected life span of so many cycles so if it 's rated for 600 cycles, recharginging it at dead or half dead it's alll the same. Every charge is a cycle doesnt matter iff it was all the way dead or not. and leaving them dead is a bad thing becasue they start to corrode. HTis is all i know. and that memory is a crock of sh*t.
  11. Gump

    Get Drunk HERE!

    Fininsehd off a bottle of 43 and some beers. rode the 454 wheeler home...man it s not like it was 15 years ago. hjweher;sd all the lloose wome?
  12. yay1 it's 2012. lets hope no bad stuf happems
  13. Gump

    Earth quake????

    Felt nothing. They're drilling this bad boy by my house for the last month. 8800' down and then horizontal in 3 directions. Over 1 mile for each direction. I'm not sure if they hydralically frac'd it yet but I swear the house was shaking one morning. It keeps blowing it's top today like a massive 3 minutes long, loud, pressure release or something.. not sure what they are doing. Can't find anyone that knows what they are talking about. They said they need to drill a pressure relief well because the pressures were so high or something. http://www.dnr.state.oh.us/output/GEOSURVEY_EMERGENCY_OILGAS_nrims72088868635.pdf
  14. I wrote keltec a letter just to be ornery with links.
  15. Maybe. Gouging policy? I've never seen anything advertised above msrp or list price. Map is manufacturers advertised price. I know in ecommerce often you can't price something on the web below that. Sites get around it by saying click here to see special price or add to cart to see your price. In my line of work if I sold some items above list price I'd loose customers and jeopardize my suppliers relationship with customer s if they figured it out and maybe loose my availability to sell that suppliers products. Not sure in the gun world what's acceptable but if I was Keltec, I'd be pissed. Worth a phone call.
  16. U should Call keltec corporate. Msrp is msrp. Most brands you can't go under map pricing it might be a breach of their contract as a dealer going over keltecs msrp. You might get your way or at least get them in trouble maybe. Explain the dealer turned you away from keltec.be pissed, Make it keltecs fault then they might go after the dealer. ?
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