Re: OT - Gas Oil leases (long post)

Posted by Okie Bob on March 21, 2006 at 18:46:55 from (152.163.100.74):

In Reply to: OT - Gas Oil leases (long post) posted by Hurryin_Hoosier on March 21, 2006 at 18:22:21:

I had the same "opportunity" on my 26 acres here in Oklahoma. Since I live on the 26 acres I decided I wanted to keep "exclusive" use of my place to myself. That is if you really ever have Exclusive use of your own property with easements and all.
My sisters neighbor has his property leased and every day someone is flying down the road to service the well. I talked with another friend of mine who had a lease on his homestead and he said "all they want is the check, dont care about fences or privacy or anything else, just the check." He was really glad when the well finally quit producing and the lease expired. So unless you really need the money you might want to ask around and see how owner occupied leases are being handled.
The lease is also something that can be bought and sold, so the first party may or may not be the one producing the wells.

Replies:

Add a Reply Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]