Categories

Arlington Heights (West FW)

April 17, 2008

Arlington Heights (W FW) sends RFPs to 19 cos.

The Arlington Heights Neighborhood Association is telling homeowners that it's sent a request for proposal to 19 gas companies that it says are involved in the Barnett Shale to seek lease bids.

Aheihgtspum The RFP includes the Arlington Heights association, Crestline Area Neighborhood Association, and North Hi Mount Neighborhood Association. "Six other Westside neighborhoods were included in the RFP, making up a total of at least 3,200 acres," the Heights says in its update. It set a May 16 date as the deadline for companies to respond.

"We will get better terms by sticking together as a neighborhood group," the association says. "As soon as the May 16 deadline has passed, we will update you on the results.  Please remember the gas is not going anywhere and whatever you decide will have long-term ramifications.

To be included on the neighborhoods' gas lease update list, send an email to christinapatoski@earthlink.net.

-- Scott Nishimura

(Archive photo: Arlington Heights United Methodist Church pumpkin patch)

March 25, 2008

More West Side Story...

Leasing efforts were underway on Fort Worth's West Side months before this nascent blog debuted. The West Side is still playing the waiting game, looking for a better deal while taking measure of Chesapeake Energy and the $10,000-per-acre offers it's floated to homeowners in the Arlington Heights, Crestwood, Monticello, and, lately, Northcrest areas, among others.

We blogged last week about a post that the Arlington Heights Neighborhood Association had put up on Crestwoodhome_2 its own blog, telling homeowners it has banded together with West Side neighborhoods to try and get a better gas deal. The association didn't identify the neighborhoods it's in with. We still haven't heard back from the AHNA leaders, and we'd love to.

Tom Roberts, a member of the Crestwood Neighborhood Association gas committee, says his association isn't technically part of the Arlington Heights group, in that it's not represented by their attorney. But he says the West Side associations are together in spirit, and Crestwood's committee is "willing" to go along with a strong offer that's built on the lease form it wants to use.

"Their lease form deducts for post-production costs, which we do not want," says Roberts, who is a landman.

Crestwood's position also highlights one of the difficulties in trying to organize such a gigantic bloc of property owners, and sheds light on why some neighborhoods get sky-high offers while others nearby contend with $3,000-per-acre bonuses, and how some homeowners get offers while neighbors up the street don't. It's about the drill sites, Roberts says. Chesapeake claims to have them all, and, thus far, he concedes, nobody's proven them wrong.

"We're not going anywhere, or somebody else would have come in here and leased us," he says.

Of Chesapeake drill sites in the Crestwood area, two are in the RNhimount_2 ivercrest area, another near Rockwood Park, and a fourth at Greenwood Cemetery.

It's the Greenwood Cemetery site that most interests Crestwood, because Roberts says Chesapeake should be able to reach the entire neighborhood from that pad. But so far, only homeowners on the western edge of Crestwood have received lease offers, which Roberts takes to mean Chesapeake wants to pool those homeowners in with one of the other drill sites. Crestwood has discussed the Greenwood site with Chesapeake, but the proposal hasn't gone far, Roberts says.

He says the neighborhood is looking around for a potential competitor to Chesapeake's offer of a $10,000-per-acre bonus, 5-year term, and 25 percent royalty.

The gigantic hole in the middle of the Fort Worth leasing map has to be "attractive to somebody," he says.

Toystory In Northcrest, on the western edge of Arlington Heights, Linda LaBeau, the gas committee chair, says the committee recently sent out a "five-page document" that asks homeowners whether they're interested in a community lease, hiring representation, and forming a neighborhood association. The document also asks for feedback on what LaBeau says was a "proposal" from the Arlington Heights association.

Northcrest homeowners had received offers that included a $5,000-per-acre bonus. Just recently, an agent for Two Rock, an agency working on behalf of Chesapeake, verbally upped the offer to $10,000 per acre for one homeowner, LaBeau says.

LaBeau, a professional mediator, says she isn't in any hurry to sign a lease. "We just need to take our time," she says.

-- Scott Nishimura

(Photos: a Crestwood home, Splash Day at North Hi Mount Elementary, Toy Story 2 at North Hi Mount)

March 21, 2008

Arlington Heights (FW) teams with West Side 'hoods

The Arlington Heights Neighborhood Association (FW's West Side) says on its gas lease blog that it's teaming up with "several other West Side neighborhoods to solicit bids from selected major drilling players in the Barnett Shale."

Striplingg "Collectively, this alliance represents 3,300-plus acres," the association says. "We expect strength in numbers to put each neighborhood in a much stronger bargaining position."

The association says on its blog that the group expects to put requests for bids in the hands of energy companies "within the next two weeks, with a response expected by mid-May."

The association asks homeowners who want to be on the neighborhood's email distribution list to email christinapatoski@earthlink.net.

The association doesn't identify the other neighborhoods on its latest blog post, although it's reported in previous neighborhood association blog posts that the Crestline, West Byers, and North Hi Mount associations are on board with itAheights_4 and are being represented by the same attorney.

The Crestwood Neighborhood Association reported recently on its own gas lease blog that it's interested in linking up with other West Side neighborhoods. Lease efforts in several West Side neighborhoods has been underway for months.

More info on this situation as we get it. We're trying to reach leaders of the various West Side associations.

-- Scott Nishimura

(Photos: Stripling Middle School, Arlington Heights football)

December 07, 2007

Northcrest (West FW) owners get lease offers

Ncrestlights_3 Property owners in Northcrest, a small, affluent West Fort Worth neighborhood, report a lease offer from Four Sevens on behalf of Chesapeake Energy.

The terms include a bonus offer of $5,000 per acre, 25 percent royalty, five-year term, and no surface access operations, said Linda LaBeau, lindalabeau@sbcglobal.net, a professional mediator and Northcrest homeowner who is trying to organize her neighbors for a response to the offer.

LaBeau says she's passed out fliers in her neighborhood, the neighboring Rivercrest Landing, and to portions of Westover Hills that front Burton Hill Road. She's organized a community meeting, 6:30 p.m., Monday Dec. 17 at the River Plaza Building, 1701 River Run, Suite 607, and has asked property owners not to sign their leases at this point.

Northcrest is bounded by Northcrest on the north, Burton Hill Road on the west, and Catalina on the east. Merrick Street runs through the neighborhood. Westover Hills is to the west, and Rivercrest Landing adjoins the neighborhood.

LaBeau estimates Chesapeake has sent offers to 95 percent of Northcrest.

LaBeau says beyond the financial terms when she saw the offer, "I was predominantly interested in the fact that I did not know where the well site is going to be," and other factors such as the timetable and truck traffic.

Other portions of the West Side are also seeing leasing activity. Property owners in Crestwood -- bounded on the north and west by Rockwood Park Drive West, Greenwood Cemetery on the east, and White Settlement Road on the south -- report fresh offers from Four Sevens/Chesapeake that include a $10,000-per-acre bonus, up substantially from earlier offers. The offer also includes a 25 percent royalty.

The Arlington Heights Neighborhood Association also has been in negotiations with Chesapeake.

And several months ago, the Shady Oaks Country Club said it, the Westworth Development Authority, and Westworth Village had put together a several-hundred-acre block and were negotiating a gas lease. Rivercrest Country Club earlier this year was negotiating a gas lease. Ridglea Country Club has signed a lease with Chesapeake, and property owners in Ridglea Hills have received offers.

-- Scott

(Archive photo: Stringing holiday lights in Northcrest)

Advertisement