Q: Two Questions both in Ok. First in Dewey County, 2nd Roger Mills
1) In Dewey County, i have leased minerals, producing well in a section. Another company drilling in formation below the producing formation. I have depth clause, they says this can happen. However, my existing lease with Chesapeake, expires in NOV 2013. They have first option to lease. My question is, will it be a new lease that I can get paid for, or will I get same %? Again, i have a clause that opens up formations below 100 ft. of production.
2) Newfield Corp. has dirlled well vertical in Roger Mills. Year it's been shut in, horrible well, that was only drilled to hold production i'm assuming. However, sec. to the east, has 1 huge well (900+ bpd) and Apache is drilling a 2nd. in Tonkawa formation. I want to know if there is anything I can do to get interest in my land. Newfield is not capitolizing on this. And I feel i'm loosing valuable $ becuse they are shuting well in, and refuse to move ahead with exploration in different formations.
A: There is no short or easy answer to either question based on the information provided. Both require inspection of documents (at the very least the leases). The second, in particular, will require face time with an attorney.
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