All Things Marcellus®: Arbitration Provisions in Oil and Gas Leases Benefit the Gas Company (4/9/17)

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In this episode of All Things Marcellus, Attorney Doug Clark of The Clark Law Firm discusses how oil and gas lease agreements are presented to Pennsylvania property owners. Doug explains the gas company’s present a standard form oil and gas lease usually consisting of two to four pages. These gas lease form documents are drafted by smart company lawyers for the benefit of the gas company and not the lessor. These gas lease agreements have evolved over time and are carefully designed to take advantage of Pennsylvania oil and gas law to the benefit of the company and not the royalty owner.  The landowner or natural gas right owner must negotiate to have beneficial terms added to the gas lease by way of an attached Addendum. Often gas companies will have their landman present gas lease agreements with addendum terms already provided. These company provided addendum terms must be highly scrutinized because there is a strong chance that these terms initially offered by the company provide little to no protection or benefit to the landowner/lessor.

All Things Marcellus® GEM 104, KZFM 96.9, KC 101.5 FM, and 1250 AM The Answer
Air Date: April 9, 2017

All Things Marcellus®: Learning from Landowner Mistakes (3/27/16)

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0 – 15 Minutes
Learning from mistakes.  What factors should landowners be considering in order to avoid entering into bad agreements with energy companies. Explanation of the impact of low natural gas prices on Pennsylvania landowner’s royalty payments. Doug discusses his oil and gas websites and natural gas blogs for landowner information.   Why oil and gas right owners must consider low gas prices when evaluating any outstanding gas lease offers, gas lease extension offer or any other natural gas contract.   Does it make sense to enter into contracts with gas or pipeline companies when the companies tell the landowners that they do not have money and they are not drilling at this time?  Doug addresses the importance of specific legal counsel and advice for each landowner’s individual situation.  If you are presented with an offer to extend or modify an existing oil and gas lease, you must fully review your options and not extend terrible agreements for many years or decades into the future.  Landowners must stop signing bad legal contracts and must start seizing and maximizing opportunities and second chances.

All Things Marcellus® GEM 104, KZFM 96.9, KC 101.5 FM, and 1250 AM The Answer
Air Date: March 27, 2016

All Things Marcellus® – Learn from Mistakes and Gas Prices and Deductions Expanded (11/15/15)

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0 – 15 Minutes

Doug discusses gas and pipeline company’s landmen’s pitch of a “partnership” to landowners.  Doug provides an example of landowners who signed documents upon company representations only to be extremely disappointed when their property is turned into an industrial zone.

All Things Marcellus® GEM 104 and KZFM
Air Date: November 15, 2015

All Things Marcellus® – Gas Price Impact on Royalty Deductions (11/8/15)

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0 – 15 Minutes

Doug touches on natural gas royalty deductions and percentage of deconditions relative to royalty payments; the need to have individual representation for estate planning.  Why every landowner should have at least a review and consultation with Attorney Clark before entering into any agreements to sell any oil, gas or mineral rights to any third party.

 

All Things Marcellus® GEM 104 and KZFM
Air Date: November 8, 2015