Landmen doing the title search on Bloomfield should be done
the end of this week, they tell us.Mailing of packets and signing party should come very shortly after they are done. A separate
email to our Bloomfield neighbors will be sent out when we know the mailing date and signing party date/venue. Thank you
for your patience!!
If you have not yet received a packet (and should have) from XTO
(not Bloomfield), please call the landman assigned your village:
Retreat / Enclave - Vivian Smith, 817-870-0026
Idlewood - Shane
Jones, 469-744-4251
Woodlands / Creekwood - Michael Smith, 682-553-5110
Ashbrook / Preserve - Carlos Aguilar, 817-986-3830
Checks started going out last week for the signing parties in June.
Please set aside some of the bonus check for Uncle Sam. The bonus will be taxed at ordinary income rates. Royalties will be
at a lower rate (need to do more research on that rate). City of Keller has announced that they, too, will be taxing the royalties
once they start to flow.
Don't spend your bonus check before it arrives! There
are many reasons why you might NOT receive your bonus check (already signed a contract, don't own your mineral rights, lien(s)
on your home, etc.).
Colt Exploration tells us that they may either have another "makeup
signing party" for those who were on vacation or invite those few to come to the Bloomfield signing party. We, of course,
will keep you alerted on any scheduled signing parties!
In the meantime, you can always go get your received contract notarized
and mail it back in the envelope that was included in your packet. UPS Store in Target center (at Davis & Precinct Line)
charges $10 for notary service, BUT offers HL residents a reduced fee of just $6 (just tell themyou live in Hidden Lakes).
To view previous HLGLC updates, go to