Pete Beierschmitt thinks Watauga homeowners can get a better deal from Harding Co. and leasing agent Petrocasa and invites his neighbors in Summer Hills to join him. Harding, which has a joint agreement with Exxon Mobil in the Barnett Shale, has filed to drill a well just south of Hightower and west of Rufe Snow Drive. Beierschmitt says Petrocasa first offered $1,500 an acre and a 20 percent royalty, and since has come up to $3,000 and 22 percent. But the city has gotten $3,000 and 25 percent, he says, and figures residents should get at least that. A North Richland Hills reader earlier reported receiving the $1,500/20 percent offer from Petrocasa earlier.
Beierschmitt invites residents to call him at 817-281-4142 or Marty Leicht at 817-577-3561. He says he has about 150 homeowners with him so far.