Yeah, I know a lawyer is the answer and we have presented, I'm looking for personal experience with these wells beside the leasing issue presented.
Anyone signed into leases for Marcellus gas wells or benefited by a already drilled well. My interest is in lessee request for an existing lease amendment for unitization, a term used for pooling of landowners required for drilling a Marcellus well. Existing lease does not "cover" unitization.
Current lease does not cover "unitization" and of course the lessee now wants to cover this language. Although seeing the benefits for them, the amendment has to be agreed by both parties. Time to renegotiate?
Anyone signed into leases for Marcellus gas wells or benefited by a already drilled well. My interest is in lessee request for an existing lease amendment for unitization, a term used for pooling of landowners required for drilling a Marcellus well. Existing lease does not "cover" unitization.
Current lease does not cover "unitization" and of course the lessee now wants to cover this language. Although seeing the benefits for them, the amendment has to be agreed by both parties. Time to renegotiate?