tag:blogger.com,1999:blog-7973802945295732402.post4996665306576757672..comments2023-09-07T05:42:13.411-05:00Comments on Flower Mound Citizens Against Urban Drilling: Forced PoolingConcerned Citizen Of Flower Moundhttp://www.blogger.com/profile/11725375582002614324noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7973802945295732402.post-50601041419067666062009-08-02T13:59:53.985-05:002009-08-02T13:59:53.985-05:00That is why they posted Cherokee Horns link. So pe...That is why they posted Cherokee Horns link. So people can read it for themselves. If this was false information, they would not put the link there.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7973802945295732402.post-18945815300073306012009-08-02T12:52:00.104-05:002009-08-02T12:52:00.104-05:00If they're asking then send them to the drille...If they're asking then send them to the driller and find out if that's an option. If they think holding out will pay them 100% royalties, then they're dreaming and you're helping build their false hopes that it will happen.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7973802945295732402.post-25780307857972288812009-08-01T14:54:39.219-05:002009-08-01T14:54:39.219-05:00According to the FM O & G ordinance, they have...According to the FM O & G ordinance, they have to stay away 1000'from any unleased property unless they get a variance for 500', so those preperty owners who border the proposed drill site are very important. Those are the ones who have been asking about Forced Pooling and it is not me building false hopes but CH since this info came directly from their website.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7973802945295732402.post-28190098893527324662009-08-01T14:39:08.081-05:002009-08-01T14:39:08.081-05:00Why the false hope? Only once has your example ev...Why the false hope? Only once has your example ever occured and it was over 60 acres not a 1/4 acre home trac. Here's what happens 99.9% of the time. If Titan/CH remains 330 ft from an unleased property, those unleased properties will get nothing - no bonus, no royalties. They would only get something if they offered to lease and CH/Titan was willing to let them in. If Titan/Ch got closer than 330 ft, then they would file a rule 37 exception, and when granted, the homeowner tract will get No bonus or royalties Ever, unless the gas companies were willing to let them in. In your example, the driller would be able to recoup all of their costs, the tract owner would be waiting up to 10-15 years, encur all legal costs, and get royalties based on what's left. Good luck!...and shame on you for building false hopes.Anonymousnoreply@blogger.com