Dale Tries Makes Last Desparation Attempt "Steal the Deal" from Unified Property Owners

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SWAPO2 Neighborhood Rights

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Feb 25, 2008, 5:32:43 PM2/25/08
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Dale Tries Makes Last Desparation Attempt "Steal the Deal" from Unified Property Owners

You probably already know about the preemptive and predatory attempt of Dale Resources starting on February 12 to break up the successful efforts of SWAPO2 in unifying our area to get the best deal for our gas lease property. We are happy to report that over 1,800 people have signed up with SWAPO2 and Carrizo/Caburante as of February 25 in only one week of signing meetings. In the head-to-head competition against Dale Resources, our staff reports we are signing ten to twenty times as many homeowners in the area. On the first day of SWAPO2 signing, we observed only ten people signing the Dale lease, while over 350 signed the SWAPO2-endorsed lease with Carizzo/Carburante, with a $17,000 per acre signing bonus and 25% royalty with no cost deductions. Some have even gone back to Dale and asked for their signed leases back so they can sign with SWAPO2!

So we are not surprised that Dale is now making a last-ditch, desperate attempt to fool some of the remaining homeowners into signing their inferior lease by sending out yet another mailing on February 22: They matched the SWAPO2 signing bonus of $17,000, but they still deduct costs from your royalties and do not guarantee you are getting full acreage calculated beyond your survey measurements. The Dale and SWAPO2 leases are NOT the same, and Dale does not make it easy to find their lease contract on their website. They say nothing in their letter about environmental provisions, noise and traffic limitations, and the oversight audit power that SWAPO2 will continue to exercise AFTER the lease is signed.  In fact, the latest Dale letter says as little as possible about the lease, trying to entice you with the bonus cash only. Don't be fooled!

How can you trust a company that tried to stab your neighbors in the back? That promised to work with the neighborhood group a month ago but continues to do everything in its power to break us up into little sections, so they can control the lease provisions? They do not realize that for members of the Southwest Arlington and Kennedale community, it's not just about "quick cash," especially when it will end up being "less cash" after costs are cleverly deducted by Dale from your royalties.

And what about mistakes? How much influence will an individual have if Dale fails to keep its promises? With SWAPO2 you have a neighborhood group with over 3,000 members that will protect your rights and make sure the drillers obey the lease contract—not just on signing day, but years from now when it matters.

So from the volunteers and board members of SWAPO2, your neighbors who work only for the same bonus and royalties that you receive, we implore you to choose what's best for the whole community, and in the long run will be better for your wallet, too.

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