Called Antero office in Bridgeport Thursday like Arnold and DT suggested and talked with them about what was going on. Told him what the landsman i had was like and that i didn't like her lying, threatening and her attitude about things. He asked what my main concern was and i told him it was the the wording of the clauses. I wanted it put in the lease that i wanted NOTHING taken out of my royalties. I explained when i told the landsman that she went off on me and all but called me stupid and told me that listening to people in a forum wasn't the smartest thing i could do if i wanted a lease that would give me money. After all it was just a little pocket change to buy myself a few little odds and ends. I said the bottom line was this..... i wanted a lease that said nothing taken out of my royalties, 800 signing bonus and 18% royalties. He said he didn't see anything wrong with that and if i wanted to i could come in and sign the lease that day. I told him to mail it to me and i'd read it. IF it was what he said than id make an appointment and come in and sign in front of him. BUT, today i got the lease to read and don't like the feeling i'm getting. Nothing in the wording has changed except the last page. this page was attached to the back of the lease. it has the following typed on it stating.........
Attached to and made a part of that certain oil and gas lease dated the 20th of June by and between charlene crutchfield as lessors and antero resources corporation, as lessee to wit:
The following provisions shall supplement the printed provisions of the lease and in the event of any conflict between the following supplemental provisions and the provisions of the printed lease, the addendum shall prevail and control..
1. All references herein made to the ONE-EIGHT(12.5%) ROYALTY ARE HEREBY AMENDED TO READ NINE-FIFTIETHS(18%) PERCENT ROYALTY.
Gross Proceeds Clause
It is agreed between the lessor and the lessee that, notwithstanding any language herein to the contrary, all oil, gas or other proceeds accruing to the lessor under this lease or by state law shall be without deduction, directly or indirectly, for the cost of producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, and marketing the oil, gas or other products produced hereunder to transform the product to marketable form.
is this a trick or is it legit? why not take out the post production clause they have in the contract and put this in instead of putting it on a separate sheet of paper attached to the back.
anyone that can answer please do. I don't know, maybe from dealing with Ms Lucy so much I'm just skeptical about things. I don't wanna sign something only to have the last page go missing and end up screwed out of what I was suppose to get. know what i mean? My husband said i should make them type a new contract putting page numbers on the pages like page 1 of 5, page 2 of 5 and so on so that if page 5 comes up missing i would know something was screwy. would that be smart? I know I ask alot of stupid questions but i have learned A LOT from reading and asking questions in the forum. I truly thank all of you for your help. It means a lot.