Friday, October 17, 2008

KSLA reports Fortress/Chesapeake leases null and void

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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