Barnett Shale

SWAPO2 owners get checks for street acreage

SWAPO2 (Southwest Arlington) says Carburante -- the land agent that did the neighborhood's community lease deal for Carrizo Oil & Gas -- is preparing bonus checks for street acreage calculations and will begin distributing them 3:30 p.m.-6:30 p.m. May 22 at the Park Springs Bible Church. Subsequent meetings will be May 23, 27, 29, and 31 at the church, at the same times. Only the Thousand Oaks and Trails West neighborhoods will have their checks ready at this meeting, SWAPO2 says.

"All other subdivisions will need to wait until their letter is received before coming to the church," SWAPO2 says in an email message to property owners. "If you have not signed your lease yet, please let us know as soon as possible, because Carburante is preparing street bonus checks for people who have already signed first."

Carburante says property owners who want to sign the Carburante/Carrizo lease should call Shelley at (817) 945-3830 to schedule an appointment.

-- Scott Nishimura

SWAPO2 owners get calculations to street centers

SWAPO2 (Southwest Arlington Property Owners 2) is telling property owners today that Carrizo Oil & Gas and its agent, Carburante, have agreed to include acreage calculations to the centers of streets in figuring up the money homeowners are due.

SWAPO2 notes that it had not negotiated this issue when its gas committee agreed to recommend the Carrizo/Carburante lease. "The good news for SWAPO2 is that Carrizo and Carburante...have agreed to include acreage to the center of the street in all cases," SWAPO2 reports in an email update.

The calculation applies only to property owners who have not already received calculations to the middle of streets. Already signed your lease and received your bonus? If you didn't get the center-to-street calculation, you have more money coming, and will be notified "in the coming weeks," SWAPO2 says.

SWAPO2 is also restarting its "online letter of intent" signups. If you signed the original memorandum of intent to be represented by SWAPO2 and didn't make it to a lease signing meeting, you must sign the group's new letter if you want in on the Carrizo lease. Above is SWAPO2's coverage map. Click here to see a larger version of it and visit SWAPO2's web site for more info.

Here's all of our previous posts on SWAPO2.

-- Scott Nishimura

Attn: Hibernators! SWAPO2 sets more meetings

Property owners in SWAPO2's Southwest Arlington area who have decided to sign their leases, or just now become aware of the neighborhood negotiating group (apparently, some folks are just now coming out of hibernation), can now attend a new set of meetings.

SWAPO2 and Carrizo Oil & Gas have scheduled more lease signing meetings on their agreement, and these "will continue indefinitely until everyone eligible in the SWAPO2 area has been given a fair chance to join," SWAPO2 says in an email and a posting on its web site. To see whether you're included in this group, click here to see the coverage map.

The meetings will be Mondays, Tuesdays, Thursdays, Fridays, and Saturdays, 1:30 p.m.-7:30 p.m. at the Park Springs Bible Church, 5515 Park Springs Blvd., Arlington.

Homeowners can sign their leases and receive their lease bonus checks at these meetings if they 1) have already signed letters of intent with SWAPO2, and 2) been notified by mail that their title research is complete and their leases and checks are ready, SWAPO2 says.

Homeowners can also sign letters of intent at these meetings, SWAPO2 says. To be eligible, property owners must be in the SWAPO2 boundary and not signed a lease with another company.

If you sign a letter of intent at these meetings, "you will then wait around 3-5 weeks for title research to be completed before being notified by mail regarding your completed lease and bonus check," SWAPO2 says. "If you have already signed a letter of intent but have yet to be informed about your lease completion, please be patient."

SWAPO2 also advises property owners who want to sign leases or letters of intent to bring identification. Additionally, everybody who's on the title to your home must be present to sign.

For questions about signing meetings or other details about the Carrizo lease, SWAPO2 says you may send an email to Carburante, the land agent, at ramon@carburante.com.

Dale Resources also is offering to sign leases in the SWAPO2 area on behalf of Chesapeake Energy, but those leases are not (correction: we omitted this word in the initial post) being recommended by SWAPO2.

Click here to read all of our posts about SWAPO2.

-- Scott Nishimura

SWAPO2 (SW Arl) sets more lease signing dates

SWAPO2 (Southwest Arlington Property Owners 2) has set the next series of lease signing and bonus check distribution dates for its neighborhoods:

• Bayberry Hills and Stagecoach Estates, March 17-20, April 4-5, Park Springs Bible Church, 5515 Park Springs Blvd.
• Willow Bend, Hilldale, Belle Aceda, Thousand Oaks. March 20, March 31-April 1, April 3-5, Park Springs Bible Church.

Click here to visit SWAPO2's web site and get more information on lease signings, and to view a map of the group's coverage area.

Property owners must have already signed letters of intent in order to receive their bonus checks at these meetings. But property owners can still sign letters of intent at these meetings, SWAPO2 said. It will take several weeks for verification of mineral rights ownership, and then bonus checks will be mailed.

SWAPO2, which negotiated a community lease deal with Carburante on behalf of Carrizo Oil & Gas, held its first lease signing and check distribution meeting Saturday for the Bayberry Hills and Stagecoach Estates neighborhoods. Chesapeake Energy is also offering to sign leases in the neighborhoods.

SWAPO2 said it will soon schedule more lease signing meetings for other neighborhoods in its coalition. Click here to view SWAPO2's coverage map.

SWAPO2 said it also is having another general meeting of all of its neighborhoods, 8 p.m.-9 p.m. Monday March 24 in the gymnasium at the St. Vincent de Paul Catholic Church, 5181 W. Pleasant Ridge Road at Green Oaks in Arlington. The meeting is to "clarify the situation for those who have already signed and to encourage others in our area to join us," SWAPO2 said on its web site and in an email message.

"We expect 2,000 people to attend this meeting, and it will be standing-room only," SWAPO2 said. "This is not a signing meeting." Rather, SWAPO2 will "congratulate its volunteers," explain again the "current lease execution and bonus check distribution" for property owners who may be confused, and to "explain to undecided homeowners about SWAPO2 and the lease we have negotiated with Carburante/Carrizo for our area."

"We will be explaining opportunities for those still sitting on the fence to sign a letter of intent, then sign a lease and receive a bonus check later on," SWAPO2 said.

Click here to read our most recent post on SWAPO2.

-- Scott Nishimura

(Photos: Lunch at Mary Moore Elementary, violin demo at Corey Elementary, Cowboys linebacker signs autographs at Mary Moore)

Having a meeting on the Barnett Shale? Publicize it here on our Community Calendar!

SWAPO2 sets lease signing parties

SWAPO2 (Southwest Arlington Property Owners 2) has set the dates for its lease signing meetings with Carrizo Oil & Gas. SWAPO2 also is still bickering with Dale Resources, which is offering to sign leases in the neighborhoods for Chesapeake Energy.

The lease signings start today and run through Feb. 29 at the Park Springs Bible Church. To view the full schedule and read SWAPO2's latest report to its neighborhoods, click here.

Click here to read our most recent post on SWAPO2.

Having a meeting on the Barnett Shale? Click here to publicize it on our new Community Calendar!

-- Scott Nishimura