Mansfield South United's lot gets better, overnight

Property owners in the Mansfield South United group are seeing better offers.

A Mansfield property owner in the Walnut Creek Valley neighborhood reports Range Resources/Grande Energy has freshened up its offer. The offered terms, mailed to homeowners: $25,000 per acre, 25 percent royalty, three-year term, and two-year option at $25,000 per acre. Here are our previous posts on Mansfield South United.

Because of the location of the drill site at Walnut Creek Country Club, at least some portions of Walnut Creek Valley are part of both the Mansfield South and Debbie Lane Pool groups.

-- Scott Nishimura

Comments

[Darren Webb]

I need help in understanding what we need to do to be included in getting paid correctly.... We live in the Heather Estates addition on Country Club drive.
We are located at the corner of country club, matlock drive and Debbie Lane. Nobody in our neighborhood seems to know what needs to be done. even our hoa has no idea of what we need to be doing can you let me know what we need to be aware of.

[Kristi Rivera]

Please inform me if we can do the oil and gas lease I also live in Walnut Hills and I would like info about this.

[Brandy Niemuth]

I live in the Walnut Hills subdivision off Matlock in between Debbie Ln. and Country Club. Some of our homeowners have signed leases, but definitely not a majority. I have 2 questions - the first is - do the gas companies have to have 80% from the neighborhood? The second one is -any suggestions on how to band our neighborhood along w/ the surrounding subdivisions?

[Mackenzie]

Will there be any lease contracts in the Holland Estates Subdivision in Mansfield?

[Rafael Talavera]

Dear Mr. Nishimura,
Today I was at the Church and I was confused because both oil companies were there. I would like to have more information about the lease sign.
Sincerly,
Rafael Talavera
(682)560-1001