Monday, May 7, 2012

Gas Drilling and Lakeside DFW????

Is there a possibility gas drilling leases could be signed at Lakeside DFW?

Lakeside DFW developer Realty Capital has a history signing leases under their developments.

Click here, here, here, here, here, here, and here to see lease mineral deed info on Realty Capital properties just in Denton County.

Two weeks ago, Titan postponed the hearing for the Titan Powell Pad Site (barely 1000 feet south from Shadow Ridge Middle School) against the Town of Flower Mound until the elections are over. Lakeside DFW could easily be accessed from Powell site. This would bring drilling very close to Shadow Ridge Middle School and Bluebonnet Elementary.

Right now is the time to take a hard look at the candidates that are running for election.

Do you want those candidates that have a record of supporting gas drilling companies but are promising to do the right thing now?

Candidates who have lost their direction and being supported and endorsed by past council members and residents who are pro drilling?


Do you want those that have a proven track record of protecting the town and have delivered everything they promised like Mayor Northern, Council Member Filidoro and Council Member Lyda?


Follow the Money said...

How many times have we heard and read that drilling is a dead issue by the Hayden/Dixon/Webb campaign? With natural gas trading at <$2.50 mcf, what makes the H/D/W think that oil and gas industry won't be back full compressors ahead as soon as the market rebounds? Especially knowing that Hayden's company loaned Keystone Exploration $7.17MM in 2008 for leases in Flower Mound and extended the terms of their loan in July 2011? What bank would loan that amount of money and not expect a return on their investment? And doesn't Keystone and Titan use the same attorney firm Shupe, Ventura, Lindelow & Olson PLLC? You know--the one that has pending litigation against the Town and the Oil and Gas Board of Appeals members on behalf of Keystone and Titan. Connect the dots and always follow the money.

Anonymous said...

Holy Crap! I KNEW this would somehow come back to drilling. I thought I read that the owner of Lakeside was saying they didn't want the property drilled but now I realize it was no drill ON the property. They are going to drill away from the Powell site! I bet you're right! I hope people wake up before it is too late.

Anonymous said...

Why would ANY citizen of our town or ANY town actually vote for a person for Mayor who is the Vice President and Director of Investment Strategy for a company that has loaned $7.17 million to the company is suing their town?

This suit is going to be an issue, soon. There will need to be a decision as to whether to settle it or to keep an aggressive defense. Therefore, if the Mayor is the town attorney's and town staff's boss then don't we need a totally unbiased Boss?

Since Mr. Hayden hasn't seen fit to recuse himself before, then why should we think he will now that his actions have been deemed to not be illegal.

Anonymous said...

Oh, yes, and what about the developers that his company loaned $25 million to -- don't they have 3 residential developments pending and didn't he not disclose to the public he and his company's alliances with them and aren't they the ones that are planning on drilling under the homes after they sell the homes to families? How many times did he vote on those issues?

Anonymous said...

@Follow the Money -- actually, his company is a Life Insurance company and their ratings are precariously low -- they have just restructured in order to be re-instated, haven't they? I would think that they certainly cannot afford to have any loan defaults.

Anonymous said...

This is all starting to come together even the Celebrity endorser of Tom Hayden and Steve Dixon has links to Real Estate and Oil and Gas. Go to click on About Us and then click on Management Bios. He is the Chief Operations Officer.

Anonymous said...

Interesting that the president of Colt Ventures has the same last name as the president of Keystone Exploration. Hope there is no connection.

Long Memory said...

If this is about gas drilling it would make the selection of this developer make a little more sense. Read this article:

Anonymous said...

The Corp of Engineers has to approve any drilling activity within 3000 feet of a public works area owned by them.

The OIL & GAS Board of Appeals is the same board appointed by Melissa, Al, Tom, Steve D, Steve L. Any drilling in that area would have to go before the board and there is no way it can be adminstratively approved.

Tom Hayden has and continues to be concerned with the welfare and safety of our citizens.

As for Tom's company loaning money, the Town attorney has alreay issued a document stating that Tom has not done anything wrong and for the record was not and is not involved in that part of the companies business. He is in a seperate division that is not connected to them at all.

Your accusations are really unfounded and harmful to peoples reputation. Tammi of all people you know Tom is not interested in lowing standards, he worked hard to try to get Vapor Recovery into the ordinance and it couldn't be done.

FMCAUD said...

All I know is Tom Hayden has not tried to contact me for months. I have repeatedly suggested that he do so. I will take his silence as a possibility that we no longer view the gas drilling issue in the same way anymore

Anonymous said...

"An operator shall eliminate, capture or destroy any and all emissions emanating from any tanks" is now in the ordinance or did you and Tom not read it?

Anonymous said...

@ Anon May 9, 2012 8:56 AM

That is the truth that the Town attorney stated that there was nothing illegal about a councilmember working for a company that lends milions of $$$'s to oil and gas companies and developers who do business with the Town.

But can the citizens of Flower Mound trust an elected official who does not disclose his relationship, whether he works for that division or not, with these companies conducting business in Flower Mound? Even if a councilmember voted on at least three of the developments that have come before them on Council? Isn't this why you, and several hundreds like you, crucified former councilmember Jean Levenick when she did not recuse herself from the January 21, 2010 vote? And what about the former mayor, who you all cried two years ago was not transparent?

Lie - continuing misrepresentation; a lie by omission occurs when an important fact is left out in order to foster a misconception.

Hypocrisy -- the state of pretending to have virtues, moral or religious beliefs, principles, etc., that one does not actually have.[1] Hypocrisy involves the deception of others and is thus a kind of lie.

Anonymous said...

If I were a reasonable person in Mr. Hayden's "possible conflict of interest situation shoes", the very last thing that I would want is to have anything to do with the possible settlement of a lawsuit brought by a major creditor of my employer -- talk an uncomfortable position. Yet, he has given up his Council seat (where he could have recused himself from a vote and let Mayor Northern take that vote if there is a tie) in order to vigorously campaign to obtain that seat that will enable him to have authority over the town attorney and staff. I don't suggest any impropriety but is just the look of it wise for him or for the town? Looks like an invitation for lawsuits, actions to remove him from either side and expensive, messy ramifications for years to come -- a much too familiar repeat of some of the unpleasant history.

Anonymous said...

Let’s see if I have the right - Hayden works for the fixed income side of his employer. He supposedly has no connection to the commercial facet of the company. All I can say is every company I worked for my bonus (and I am assuming Hayden gets this type of compensation given his level in the company) had some percentage based on the overall performance of the company. Just wondering?

Anonymous said...

@ Anon May 10, 2012 2:23 PM

Regarding your point about a bonus paid to an employee, it would be very difficult, if not impossible, for any attorney to prove what entity or division of a company that the compensation originated.

The issue we have here is that what is considered ethical is an unwritten rule. And what are the rules of engagement do we expect from our elected officials? No doubt that we expect them to be held to a higher standard.

It's disappointing to most when a person, whether it be a politician or anyone for that matter, loses their moral compass. With the present case, only time will tell.