Well, I guess I kind of have to be happy with CWE. Unfortunaltely, the mineral rights for this 252 acres belong to me, my brother and my Mother. When CWE contacted us (my brother lives with my mother), the two of them looked over the contract and were satisfied with it and signed it and sent it back, without consulting an attorney. I kept holding out, wanting an attorney to look at the contract, and they kept begging me to just sign it. So, needless to say, against my better judgement, I did. Reading through the posts on this forum, I am sad to say we got taken. Most here are receiving around $1000 per acre signing bonus. We took $150 per acre, signing bonus. Of course, that's NOT the fault of CWE! I should have listened to my instincts and not signed until an attorney had looked over the contract. NOW an attorney has looked over the contract, and thankfully, that is the only major problem he saw with the contract.
CWE is a business, and they will certainly try to pay out as little as they can, which I understand. Other than that, the contract is a good one, our attorney says.
If you've been contacted by more than one landman, that's good for you; you certainly have negotiating power on your side!
Good luck and keep us posted!
kathy, i just joined and started reading some of the posts on this forum. we have over 2k acres in reeves county. we are in the southern portion of the county. we've had the minerals for over 40 years. you said you are happy w/ cwe? we've been contacted by some of the operators and are just looking into options for now.