River Oaks group forms west of Fort Worth

A group of residents have formed in the town of River Oaks, which is inside Loop 820 northwest of Fort Worth.

The group is calling itself the River Oaks Leasing Association.

It's fairly small now, consisting of 15 properties that make up between 8 and 9 acres. But more is being added each day, said Steve Holland, a spokesman for the group.

The group began about a week ago and plans to hold a meeting in the next two weeks, Holland said.

If you have questions, you can contact Holland at: (817) 874-7461, or e-mail him at steve.holland@charter.net.

The group as a whole has not received anything from drilling companies, but individual property owners have received offers. The latest is from Dale Resources, representing Chesapeake Energy, for a per-acre bonus of $7,500 and a 25 percent royalty. Holland said he expect the offers to be "much better" as the group grows.

--David Wethe

Comments

[James Myrick]

Thanks to everyone who helped

[James Myrick]

Update: 9-3-08

We now have 125 homes and 65+acres. Come and join the bandwagon in the 76114 zip code.

Meeting will be in late September.

Call Steve at 817-874-7461 or email steve.holland@charter.net

Update: 8-19-08
The group is over 105 lots and acreage is over 60. Every month we get more and more folks coming on board.

Next meeting mid September.