Why a Pugh Clause Is Critical in a 5-Year Pennsylvania Oil and Gas Lease with a 5-Year Extension Option

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Why a Pugh Clause Is Critical in a 5-Year Pennsylvania Oil and Gas Lease with a 5-Year Extension Option

Posted 9:59 pm by Doug Clark & filed under Blog.

Preventing Partial Unitization from Holding Your Entire Property Without Additional Compensation When a natural gas company presents a lease offering: many landowners focus primarily on bonus dollars and royalty percentages. However, one of the most financially significant protections in that lease is the Pugh clause. Without a properly negotiated Pugh clause, a company can unitize… Read more »

All Things Marcellus®: Operations Pugh Depth Sev and Releases (4/24/16)

Posted 3:26 am by Doug Clark & filed under Radio Shows.

All Things Marcellus® GEM 104, KZFM 96.9, KC 101.5 FM, and 1250 AM The Answer
Air Date: April 24, 2016

TESTIMONIALS:

Doug’s Expertise and Invaluable in Lease Modification

Myself and two of our neighbors had been approached by Chesapeake wanting to modify our lease. Doug Clark’s expertise was invaluable to us, as we were unsure about the changes requested and needed facts rather than opinions. Doug was able to successfully negotiate the lease modifications to both our and Chesapeake’s satisfaction, plus he negotiated a bonus payment for the lease modification which was not originally offered. Thank you, Doug!

Why a Pugh Clause Is Critical in a 5-Year Pennsylvania Oil and Gas Lease with a 5-Year Extension Option

Posts Tagged: Pugh Clause