# Stone Turtle

**URL:** https://www.mineralrightsforum.com/t/stone-turtle/6365
**Category:** Roosevelt County, MT
**Created:** [August 28, 2015, 11:39pm UTC](https://www.mineralrightsforum.com/t/stone-turtle/6365 "2015-08-28T23:39:02Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![James\_P\_Morgan](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/3ec8ea/32.png) [@James\_P\_Morgan](https://www.mineralrightsforum.com/u/James_P_Morgan)
#### Post date: [August 28, 2015, 11:39pm UTC](https://www.mineralrightsforum.com/t/stone-turtle/6365/1 "2015-08-28T23:39:02Z")

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Any more info on the Stone Turtle agreement. It seems to be hush-hush.

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### Author: ![Dctex99](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/dctex99/32/4636_2.png) [@Dctex99](https://www.mineralrightsforum.com/u/Dctex99)
#### Post date: [August 28, 2015, 11:47pm UTC](https://www.mineralrightsforum.com/t/stone-turtle/6365/2 "2015-08-28T23:47:48Z")

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What is it? I have many minerals there and part of 5 wells; never heard of it.

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### Author: ![Tom\_McLarnan](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tom_mclarnan/32/4227_2.png) [@Tom\_McLarnan](https://www.mineralrightsforum.com/u/Tom_McLarnan)
#### Post date: [August 29, 2015, 3:49am UTC](https://www.mineralrightsforum.com/t/stone-turtle/6365/3 "2015-08-29T03:49:15Z")

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Scroll down in this article to “Bakken Three Forks Trend” Poplar West Montana

A red flag is the statement about “formation of the unit would establish a 5-year primary lease term on all lease holds”

> **[Lonestar Resources, Ltd. March 2015 Quarterly Report](https://www.prnewswire.com/news-releases/lonestar-resources-ltd-march-2015-quarterly-report-300075540.html)**
>
> /PRNewswire/ -- Lonestar Resources, Ltd. (ASX:LNR, OTCQX: LNREF) is pleased to provide an update on its financial and operational results for the three months...

Tom

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### Author: ![Tom\_McLarnan](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tom_mclarnan/32/4227_2.png) [@Tom\_McLarnan](https://www.mineralrightsforum.com/u/Tom_McLarnan)
#### Post date: [August 29, 2015, 4:00am UTC](https://www.mineralrightsforum.com/t/stone-turtle/6365/4 "2015-08-29T04:00:43Z")

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Dctex99, We are leased with Fort Worth. They sent out some kind of agreement in July. I have chosen to ignore it due to concerns regarding the statement below. I posted Bakken Shale group & it was confirmed that, in part, these agreements are a strategy to extend leases without paying or renegotiating with the mineral owner.

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### Author: ![Dctex99](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/dctex99/32/4636_2.png) [@Dctex99](https://www.mineralrightsforum.com/u/Dctex99)
#### Post date: [August 29, 2015, 4:14am UTC](https://www.mineralrightsforum.com/t/stone-turtle/6365/5 "2015-08-29T04:14:03Z")

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I agree, they were hoping oil prices would be back by that time! I have an expensive lease that is 1 1/2 years into a 3-year lease. CONTINENTAL should have asked for a 5-year and now not likely a turnaround and permitting a well in the next year and a half so they may release at ANOTHER $1500 an acre!

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:33pm UTC](https://www.mineralrightsforum.com/t/stone-turtle/6365/6 "2018-08-14T23:33:17Z")

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