Posted by kyplowboy on February 08, 2008 at 17:22:12 from (63.146.226.90):
In Reply to: O.T. - Drilling for gas posted by CB in central NY on February 08, 2008 at 07:28:37:
We don't have a whole lot of gas round here but there has been several oil booms over the years. Here is what I learned from my grandfather who worked in the oil field for over 40 years. DON'T SIGN NOTHING!!!!! WITH OUT AN ATTORNEY LOOKING IT OVER AND PUTTING IT IN TO PLAIN ENGLISH FOR YOU. It my cost you a few hundred to get a lease looked at but that in nothing compared to the cost of cleaning up a mess you may get left with. Remember the "right" to look around under your place should be worth something to them. "If they ain't got front money, they ain't got money to do anything when they find something." There are alot of well getting going round here now. Some of the old wells that made 3 barrels a week 20 years ago have been setting idle. Looks like with oil pushing $100 these people could put down some rock and not have people drive'n round in corn and hay fields cutting ruts 3' deep. Just a daily observation.
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