There is this company called Chesapeake gas Co. who discovered natural gas in our area. They are wanting to drill and give us money to allow them to drill. My property may or may not be above a gas reserve, BUT, they would still be running gas pipes under my property. Either way I would get money. Should I go ahead and get a lawyer now or wait to see what happens...? What should I do? I hear Chesapeake is the third largest oil and gas company in the world! PS: I don't know what category to put this under, business or geology.... sorry
2006-12-03 05:42:03 · 6 answers · asked by Adriene 1 in Business & Finance ➔ Corporations
You need to take something concrete to a lawyer. If the gas company has written and sent a plan as to the location of the pipeline, made an offer, etc. then you have something to see a lawyer about. The lawyer will check your deed and see who owns the mineral rights, analyze the offer and outline your options. Once you have all this you'll be in a good position to make a decision about the best course of action.
2006-12-03 08:51:55 · answer #1 · answered by Flyboy 6 · 0⤊ 0⤋
Natural Gas pipelines already criss-cross the US. Most are underground. These lines deliver Natural Gas to households, with main lines branching out to reach houses, etc. My point being that there is nothing unique about this and if you have an opportunity to cash in, WHY NOT?
2006-12-03 05:46:25 · answer #2 · answered by danl747 5 · 1⤊ 0⤋
Sell it to the company for top dollar ang cash out and move to a better place???
2006-12-03 05:50:16 · answer #3 · answered by Hang M 1 · 0⤊ 0⤋
it is always wise to make your first step, calling the lawyer. they know exactly how to find out all the real facts about what is going on.
2006-12-03 05:45:09 · answer #4 · answered by chrystal 4 · 0⤊ 2⤋
slow down it sounds like you are jumping the gun slow down
2006-12-03 05:48:27 · answer #5 · answered by heavenlli_61 5 · 1⤊ 1⤋
dig a hole so that you can smell gas.light a match and run like hell
2006-12-03 05:45:08 · answer #6 · answered by johnjd_cmu 4 · 0⤊ 2⤋