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Old 10-24-2008, 06:48 AM
Location: Fort Worth/Dallas
11,878 posts, read 34,532,295 times
Reputation: 5613


Originally Posted by loves2read View Post
Synopsis--because of where your house is, would your leasing group have also included the development by Hurst Softball Complex?

article in today's FTW paper about the Colleyville town council being able to get lease/money for city's acreage but the company froze out the homeowners....city council meeting had some angry people...city said that their offer was take it or leave it for one time only offer...they did not have lots of options...that was Titan/Caffey leasing--same company that did ours...they probably wanted to tie up the well sites since the city has more open acreage than probably most of the homeowners...even if they don't lease the other acres anyone who wants to later on will have to come to them and make a deal since they have the bigger parcels...
I'm not sure, but probably so. We're right next door to that complex. Below is the letter from our Neighborhood Association President.

Hurst Neighborhood Association
October 16, 2009
Dear _________,

We just recieved the following e-mail from Dale/Chesepeake:
"In regards to the TCC HOA, we still have a lot of details to work out, but in light of the economic circumstances you are aware of, there is no need for either of us to spend time and money on this project at this thime. To close the loop, any offer we have discussed is being rescinded.
I have enjoyed working with you and will get back with you at a later date.

District Landman - Northeast Tarrant County
Dale Property Services, LLC

Moving forward, I would like to let you know that we have been contacted by two other companies who are interested in leasing our mineral rights and your leadership board will continue to pursue all options.
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Old 10-24-2008, 07:41 AM
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did the landman writer of the letter really misspell TIME???

so did you get your bonus money check signed--or just sign the lease but not get your bonus money?
guess you know that any new bonus money will be more likely less than 300 an acre...
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