Post by talbottdavid on May 8, 2012 6:11:11 GMT -5
I believe that early in the process of leasing, Anschutz deceived many landowners. Offering $5.00 to $50.00 per acre and 12 1/2 percent of net. Never planning to drill, just a scam to sell to another company. And they made millions on the deal. However there was a problem with their leases. Paragraph 14 stated the landowner has the right to receive a third party offer, then submit it to the leasing company. The leasing company then has 30 days to either match the offer or give up the lease. I just hope Ansvhutz pays for this in the end.
