Nine neighborhoods -- Collinwood Village, Colonial Estates, Fairfield, Greenleaf Addition, South Hampton, Summerwood, Valley Springs, Whispering Meadows, and Winding Creek -- have organized together and retained two attorneys who will act as agents and be paid based on an increase over the current offered signing bonuses. Here's the group's web site and contact info. Interested property owners can also contact attorney Daniel Webb at firstname.lastname@example.org. Here's a map of the group's coverage area: south of Green Oaks Boulevard, east of South Cooper Street, north of Sublett Road and Lynn Creek, and west of Cravens Road. Matlock Road bisects the map.
The group says it expects to begin talks with several energy companies it says have expressed interest, including Carrizo Oil & Gas, Paloma Resources, Four Sevens/Chesapeake Energy, XTO Energy, and Fleet Oil and Gas. So far, Cheaha Land Services, acting on behalf of Carrizo, is the only company that has offered to sign leases broadly in the neighborhoods, said Brian Smith, email@example.com, a Summerwood property owner and one of group's organizers.
Cheaha has been offering to sign leases in the neighborhoods at signing bonuses of $700 per property, but recently offered to bump that up to $1,000 during face to face visits with homeowners, Smith said. In recent conversations between his group and Cheaha, Cheaha representatives appeared open to negotiating with the large group, which represents 2,500 parcels of land, Smith said. Cheaha landmen are still aggressively working the neighborhoods, passing out business cards the day before Christmas, Smith reports.
He also said agents for Hollis R. Sullivan, which has been offering to sign leases elsewhere in south Arlington and Kennedale, have offered leases to some homeowners in the southern portion of his neighborhood group.
Smith says he believes the neighborhoods have been successful at getting homeowners to hold off. An estimated 400-500 property owners showed up to a Dec. 17 meeting.
"We had a very good showing, and we had people who couldn't go who called," he said. Here are Blogging the Barnett Shale's previous posts about leasing in south Arlington.
Neighborhoods off of Turner Warnell, east of Soutb Cooper Street, and west of Matlock Road, almost to Mansfield, are organizing and report offers from Dale Resources on behalf of Chesapeake and Hollis R. Sullivan.
The main two neighborhoods are South Pointe and South Pointe II, said Thomas Lerch, firstname.lastname@example.org, one of the group's organizers. Dale/Chesapeake is offering to sign leases at $1,000 per lot signing bonuses, 25 percent royalty, three-year term, two-year option, and 640-acre pooling, Lerch said.
Sullivan started by offering to sign leases at $200 per lot bonus, but has since raised that to $1,000. It's also offering a 22 percent royalty and 320-acre pool.
Lerch said his group plans to hold an open meeting Jan. 5 to discuss its next moves. More details to come.
UPDATE: This group has named itself Property Owners of South Arlington. Click here to visit their web site.
-- Scott Nishimura
(Photos, clockwise from top: Basketball pep rally, UIL band competition, Summit High School; Charlotte Anderson Elementary School.)