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Oil, Gas, and Mineral Lease SEC GovHOME Form

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chesapeake approached us about leasing our property for a well-drilling gas exploration at the time we thought this would probably be a very good thing so we signed the papers and invited them in and now my water well water is contaminated uh june 24th of this year we noticed an increase of air with our water and we asked chesapeake to come in and assess it they determined that we have an explosive level of methane gas in our water well they have been providing us with bottled water but they haven't done anything to provide water for regular usage cleaning your laundry the initial lease was for a hundred dollars an acre so it's a 197 acre farm so that was a check for nineteen thousand seven hundred dollars i don't think i had any illusions of what i would be making because they did say it would be based on what production would be we our lease reads for the standard 12.5 so we average about 400 a month because when even though they lease the entire 197 acres the

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