Expanded signing meetings and mis-measured acreage in Dale offer

[SWAPO2 Neighborhood Rights]

Expanded Signing Meeting Schedule Announced for SWAPO2 and Carrizo

The overwhelming response from over 2,000 of your SWAPO2 neighbors has caused us to expand our signing schedule with extra days this week. Come meet your volunteer neighbors and get signed up to get your bonus check fast.

Thursday February 28	Park Springs Bible Church 5515 Park Springs Arlington, TX 1:30-7:30pm
Friday February 29
Saturday March 1

 

What's the difference between the SWAPO2 lease and the Dale offer?

To give you a short answer, there's a world of difference between the SWAPO2 lease with Carrizo/Caburante which was examined and endorsed by a neutral group of experts who live in your neighborhood, and the inferior Dale offer that has hidden costs and doesn't even pay for your full acreage in the bonus check!

• Dale deducts costs and fees from your 25% royalty, which means that 25% they claim is not really 25%. SWAPO2 has ensured that our lease has no "off-takes" or money taken out of your 25% royalty.
• Dale's recent letter states you can get a cash bonus right away for your "Net Mineral Acres." If you look closely at your survey or measure you exact property, you'll find the acreage they list is probably not all that you are entitled to. You should know that real total mineral acres is usually not what the Tarrant County Appraisal District lists for your surface property (what Dale is using), and often includes up to 8% of property out into street.
• One recipient of the Dale offer letter, Gena Howe, reported a large discrepancy between what Dale was offering and her true mineral rights acreage. In her own words: "I did receive my second letter from Dale.  My concern is their measurements are far less than what my appraisal shows is my actual land [ownership].  I  show 11,465 square feet, which is .2634 of an acre and their letter states I  have .188; so theirs certainly doesn't go to the center of the street. This may be another [Dale] tactic of "screwing" the property owners."  Wow, Gena thinks she is entitled to 40% more royalties than Dale is offering her! No wonder Dale wants to pay her fast--before she figures out she's been cheated by them! We've received lots more email about Dale's short-changing people on their acreage.
  
• Dale claims they can get your money to you a few weeks faster than the SWAPO2 lease, but they don't tell you that you may well get less money than you deserve for you signing bonus. Faster is not always better, especially when the company making the offer has done everything they can to break up the successful SWAPO2 neighborhood group. Carrizo/Carburante can have your title research done in two weeks after you attend the initial signing meeting, and you don't have to sign the actual lease until you have a check in hand.
  
• Because of their very poor signing rate compared to SWAPO2 (the first day it was 350 for SWAPO2, and only 10 for Dale), Dale has been forced to move their meetings to another church, and they had to pay the church extra to make sure that no SWAPO2 meetings can be held there. In other words, if they can't compete fairly face-to-face, they move to a different stadium and don't let the other team play there at all! We view this as a desperation attempt cover their mistake in scorning the SWAPO2 neighborhood group and its community-oriented values and cooperation. But we'll still be there protesting their unfair treatment of the neighborhood, handing out fliers, picketing with signs, and continuing our own very successful meetings at the Park Springs Bible Church.
• Next week we'll be holding a huge group rally with around 2000 of our neighbors. Stay tuned for exact date, time and location. But don't let that stop from attending a signing meeting sooner and getting answers to any and all of your questions.

Peggy (pe...@swapo2.com) still needs volunteers to help with our signing meeting at Park Cities Bible Church, and folks to hand out SWAPO2 fliers and protest the signing at other church so that Dale cannot fool people into taking quick cash--but much less cash than they deserve.

Regards,


Tom Rodgers