John Backus thanks so much for the update. We will all keep our fingers crossed for you
FYI: Apache Corp drilling permit for Three Forks formation:
#30340, T36 R48, Sec 18 sene, (horizontal drilling into Sec 17).
This would be apx. due north of Scobey.
Glad to hear people are getting paid. We sent ours in August 20. Probably going to be a little while.
Got my check today. Yahoo!
John, so glad to hear that you got your check! Double Yahoo. It has been enlightening to hear your story, thanks fo keeping us in the loop. Was the check sent US Mail or FedEx or UPS? Did you have to sign for it? On my day 90 I will not be at my address of record and wonder if it will be forwarded like my other US Mail. Has anyone had their check forwarded?
As your deadline looms have your bank call Shale’s bank. Wells Fargo.
We sent ours in on August 20th. If I count 90 working days it looks like it will be the week before Christmas. I guess I was counting wrong on yours. We bank with Wells Fargo. So we have Wells Fargo call Wells Fargo? LOL
Thanks John. Congrats. Does anyone have the phone number for their branch?
“When you say your bank do you mean the bank holding your Bank draft?”
YES
“So we have Wells Fargo call Wells Fargo?”
YOUR BRANCH CALLS SHALES BRANCH
"Are others getting paid on day 90? "
NO… THEY DIDN’T KNOW TO DO THIS ON THEIR DAY 90. THEIRS HAS PAST.
THEY CONTACTED THEIR BANK YESTERDAY.
“Did the amount you got before taxes match the draft?”
YES
“Do they take taxes out?”
NO
Vicki
Call Scobey office and talk to Lea. She’s very helpful and has all the answers to your questions. 406-487-2962
Thank you John.
The check was mailed to my bank. My wife works at my bank but I didn’t ask her whether she had to sign for it or not. I’ll repost after I find out more.
John, was the bank holding your contract in escrow?
Shale has had my contract since June so I will have to hope for the best. Nice to hear that I’m not alone! I’m encouraged by your good fortune. Again thanks for the info. I will post events as they unfold.
We sent ours in to Shale in August. The bank advised us that it would be ok. Wow, John. You sent yours in May. That is a lot longer than 90 work days.
Actually Vicki it was exactly 90 days. My bank called theirs on day 90 and Shale cut the check and put it in the mail the same day. But let me repeat… you must have your bank call their bank. Shale doesn’t cut the check until they get that call.
Just got my money today, they deposited it per the bank draft and this was the day it was due
No… Shale had it since May. I guess I got lucky. Everyone says to not deliver a signed lease without money in hand but it all worked out in the end.
When you say your bank do you mean the bank holding your Bank draft? Our bank was clueless about what to do with it so we sent it to Shale along with the contract. I assume then our bank will be Wells Fargo.
Are others getting paid on day 90? Did the amount you got before taxes match the draft?