Amendments to Leases
Representing Landowners All Over Ohio
Gas companies across Ohio are approaching Landowners and asking them to agree to Amend or Modify their existing gas lease. Lease Amendments and Modifications can take many forms and must be carefully scrutinized. Many Amendments and Modifications are non-negotiable, but some lease Amendments and Modifications are negotiable and need to be to maximize Landowner benefits and limit the negative impact of the requested lease modifications.
Let’s Be Proactive
When presented with a Gas Lease Amendment and Modification request you should evaluate and understand leverage. Equally important is that you fully understand the language in the original gas lease and the requested Gas Lease Amendment and Modification. You must identify what changes the Gas Lease Amendment and Modification present and the likely consequences of the critical decision to accept or decline the Amendment and Modification. Lease Amendment and Modifications can be fairly simple or extremely technical and complex. Either way, all Gas Lease Amendments and Modification Requests present genuine issues for the Landowner to consider and evaluate.
Consult With An Experienced Attorney
Do not simply sign or reject a Gas Lease Amendment and Modification request without speaking to an experienced oil and gas lease attorney. A wrong decision on a modification request can result in negative and long-lasting consequences for you.