Recently, the Pea family in Shreveport got a voicemail and text from a landman looking to sign them to a mineral lease. The family lives in one of the urban areas that APEX intends to begin drilling for natural gas in October.
“I just want to make sure they understand that once APEX drills, they will receive a monthly payment (given the well produces), however, the payment they receive will be after APEX covers all their costs and they will not receive a signing bonus,” read the text.
“What does this mean?” the family asked The Shreveport-Bossier City Advocate…