Showing posts with label Joe Pool Lake. Show all posts
Showing posts with label Joe Pool Lake. Show all posts

Monday, January 17, 2011

Thank You, Brett Shipp.


Link to the Story.

GREED. Play to the greed! It's all about the money. And that's really funny, since the average royalty payments over to our West are coming in at around $35 per month for the average resident. If at all. Ask Gary Hogan with the North Central Texas Communities Alliance. He'll be at City Hall tomorrow night. Just ask him what his royalty payments are over in the "heart" of the Barnett Shale.

Is $35 a month worth the loss of your property value, your health and the transformation of Grand Prairie residential communities into shale gas drilling industrial zones? It's already happening. Just ask your neighbors in Trailwood. Better yet, drive over to see it for yourself. Matthew Road between Bardin and Polo. You can't miss the industrial zone that used to be a cow pasture. It's so sad what they've done over there.

Come on down to the City Council Meeting at 6:30 PM. Be early if you can. We hear that Grand Prairie large landowners will be there to defend Chesapeake. We wonder if that will include our own City Councilman?? And be prepared to stay late. It should be very interesting. 

Come on down. Talk to the "small" group of Grand Prairie residents who have spent the last 7 months learning all they can about this shale gas drilling campaign in Grand Prairie, TX.  

Monday, November 08, 2010

Madoff, the Barnett Shale and Joe Pool Lake

"Lease Dallas County gas rights with New York capital and flip the leases at a profit."
Bernie Madoff ~ The King of Thieves

12:11 AM CDT on Sunday, November 7, 2010

By RANDY LEE LOFTIS / The Dallas Morning News
rloftis@dallasnews.com

...
On its face, the Dallas County venture looked like many others in the Barnett Shale, the nation’s biggest gas field, where companies have drilled an estimated 17,000 wells since 2005.

The party obtaining a gas lease from a mineral rights owner might be just a middleman, hoping to resell the lease to a production company.

...
Court filings do not list the total profit for all participants, but they do specify Conglomerate Gas II’s share: more than $3.34 million. [emphasis added.]

Read the rest of the story here.