Friday, August 8, 2008

Beware the Landmen

As we move closer to sending our lease out for bids, don't be surprised if you're contacted by a landman.

They may tell you that, " it's your last chance before they pull out of the area", or, "gas companies won't sign with groups", or, "the amount of bonus money is going to go down soon".

Don't believe it. It's a 'last ditch effort' to 'pick off' as many of our members as possible. And they're still only offering as low as $700 per acre if they think that you can be fooled.

The landmen working this area have not given us reason to believe them in the past. And there's no reason to believe that they'll give us the best deal now. But most importantly, you do not want to sign one of their gas company leases that could take control of your land for the rest of your life.

Misinformation - Don't Be Fooled

Don't be fooled by some of the misinformation that has been distributed by certain parties. In response to some of the various 'non-truths' we issue these statements:

- There is no truth to the rumors that the Apalachin Landowners Group steering committee members have signed with another group. We are here to see this through.

- There is no truth to the rumors that the Apalachin Landowners Group is unorganized and without a timetable. We are right on schedule in terms of the goals we set for ourselves.

Tends to make you question the character of those spreading these rumors.

Verifying Emails Finished

We have finished sending our Verifying Emails to all members of the Apalachin Landowners Group that have email service. In other words, if you are on our list, you should have received a Verifying Email from us by now.

If you did not get an email, it means that you and your property are NOT on our final list. We will be handing the final list over to the attorneys any day now, so if you are NOT on our list and feel that we have made an error somehow, contact us immediately!

Sunday, August 3, 2008

Moving Forward

We were flooded with last minute signups and are in the process of entering all of the member information.

We'll be sending emails to all 'official' members to verify that you are indeed a member of the group. We will post on this web site when these emails have been sent. If you do NOT get a verifying email, it means that, for some reason, we did not get an official sign up form from you. If you are sure that you sent one, but are not on our list, email or call us immediately. (For those who do NOT have email service, we will make verifying phone calls, but these will take more time to complete.)

At the same time, we're continuing to move forward. We sat down with our legal team and went over our list of concerns as property owners. This week we'll meet with our attorneys again to review the first draft of our lease contract.

There's an old saying that goes, "If it weren't for lawyers, we wouldn't need lawyers". Well, this is one situation where we all need a lawyer ... and we need a good one. We're happy to have the staff of Levene, Gouldin, & Thompson and Peter Hosey of the Jackson Walker law firm (Texas) representing us in this venture.