I am the lead person that succesfully completed neighborhood neigotiations with Chesapeake (through Paloma Resources) in 2008 that netted us $22,000 per acre bonus, 25% no-cost royalties, all the pughs, 3 yr. primary, 2 yr. optional with another $22K payment, etc., etc. A year and a half later, they are starting to drill in our area.
My group was called SEAPO (SouthEast Arlington Property Owners) and we represented about 2200 acres of mostly residenrtial properties of about .25 acres each. (7600 rooftops.) It was a BIG job.
My constiuents are now being contacted by Zarado Royalties with an offer to purchase their mineral lease agreements with Chesapeake for pennies on the dollar. It is entirely possible that some of these folks will never see a royalty check because of the way Chesapeake is working their leaseholds.
My question is - does anyone know about this company and what they are offering? I need to know how to anwser their questions. So far I have been suggesting that they would not be very wise to sell their mineral rights forever.