Friday, October 17, 2008

KSLA reports Fortress/Chesapeake leases null and void

excerpt:
It now appears the gold rush mentality has crashed into the Haynesville Bust, at least for the 100 or so property owners told Thursday night (10/16) that their signed leases are worthless.
Those property owners had no idea what to expect for a hastily called meeting at a Keithville church. Once there, their lease negotiators delivered the bad news, that their 20-thousand dollar an acre lease contracts are 'null and void,' which led to anger.

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