Updated: January 17, 2012

 

Neighborhood Documents:

Articles of Incorporation

By Laws

Amendment to By-Laws

Declaration of Covenants, Conditions & Restrictions

General Rules

 

 

Edge Resources Update:

Below is an email received from Chris Smith at Edge Resourses providing an update on the current activities of Edge Resources.
We hope you and your families had a wonderful Thanksgiving and are continuing to have a wonderful holiday season full of lasting family memories. The following is an update for the pad site activities for the Debbie Lane Pool.

The Debbie Lane Pool #2H well was completed the first couple of weeks in October. On the first day of production, we recovered 1.4MMcfd. On the 2nd day, we spiked to 5MMcfd, which topped out in October at 7.3MMcfd. Over the past week or so, production has seemingly settled in around 5.7MMcfd per day. No telling how long we’ll remain at these levels but we’re hopeful.

We are now beginning the division order opinion process with our title attorney. Once he’s able to render a legal opinion on the division of interest, we’ll begin preparing division orders for the close to 3,000 lessors participating in the Debbie Lane Pool. Unfortunately, I can’t say how long it will take our attorney to render the opinion but we are hopeful that we can get division orders to you sometime during the 1st quarter of 2012. The process will be very similar, if not identical, to the process you went through with returning your division orders for the 1V well.

Over the next few weeks, you’ll notice the removal of our sound walls. You may also see other activity on the pad site, and this likely will be when we’re removing our temporary dehydration unit for a permanent dehydration unit. We’re currently working on scheduling this with the vendor.

Other than that, Edge Resources still seeks community liaisons interested in disseminating updates to your communities. Please contact me if you’re willing to get involved and you have access to email distribution lists for the neighbors in your HOA. Conversely, if you no longer wish to receive updates, please let me know and I’ll be glad to remove you.

Edge Resources sincerely wishes the best for you and your family this holiday season.

Regards,

Chris Smith

Regards,



Chris Smith

Office: (817) 870-0130
Fax: (817) 870-0133

4388 West Vickery Boulevard, Suite 100
Fort Worth, TX 76107

www.EdgeResourcesLLC.com

 

WATER RESTRICTIONS

City implements Stage 1 Drought Restrictions on outdoor watering This year's record high temperatures are impacting water levels at the lakes that supply most of Tarrant County with water. As a result, Mansfield is implementing Stage 1 Drought Restrictions, the first time the city has ever put mandatory water restrictions in place. This regional plan is triggered when the levels at the network of lakes supplying the Tarrant Regional Water District reach 75 percent. Without significant rainfall to replenish the lake levels, we have currently reached 75 percent within the water district.

Stage 1 Drought Restrictions are a state-mandated response to reductions in available water supply and primarily impact outdoor watering, allowing properties to water landscaping twice weekly. Residential and commercial properties are on the following schedule:

Monday - No watering

Tuesday - All non-residential sites and apartments Wednesday - Residential addresses ending in even numbers (0,2,4,6,8) Thursday - Residential addresses ending in odd numbers (1,3,5,7,9) Friday - All non-residential sites and apartments Saturday - Residential addresses ending in even numbers Sunday - Residential addresses ending in odd numbers The plan also does not allow for businesses or residents to use water to clean off parking lots, sidewalks or buildings. Some exceptions to the restrictions include foundation watering (hand watering or soaker hose only, 2 hours per day any day) and newly planted sod (no restrictions for the first 30 days after planting).

Large irrigation systems such as those at golf courses and schools, may apply for a variance to modify their schedule but will still water each zone only twice a week. Athletic fields are included in the restrictions however can water to meet league standards. And golf courses may water tee boxes and greens without restrictions under Stage 1.

The city will be leading by example, following the restrictions as it pertains to our parks, medians and public grounds. For more information, you can read the complete drought plan.

If you have questions, contact the Utility Department at 817-477-2248. To comment on this post or visit:

http://www.facebook.com/n/?groups%2F109054145810895%2F&view=permalink&id=224281417621500&mid=4c9bc24G5af369962762G666edfG96&bcode=QcllUvHr&n_m=accounting%40circlec.com

 

Gas Lease Update from Mike Martinez, Edge Resources:

September 16, 2011

We have been swamped in terms of processing all of the Division Orders.  Per a conversation with our accountant we are on pace to get our checks out in the mail by the end of the month.

It is my hope that you and your neighbor’s expectations are not too high for the following reasons: 

1.      1) Not everyone owns 100% of their royalty rights.

2.      2) This is a single vertical well (which produce at significantly lower rates than horizontal wells) that is trying to get into a high pressure line and the city’s restrictions on compression have not allowed us to address this issue. As we move forward with the horizontal wells compression problems will be addressed.

3.      3)The well only has production from June 24, 2010 through March 12, 2011.

4.      4) This is a Large unit with nearly 3000 mineral owners.

After we have a few horizontal wells online all of us should be pleased.

Thank you again for your patience.

Mike Martinez

Edge Resources

 

September 1, 2011

We received the Division of interest from our attorney yesterday. Various members of our staff reviewed such upon receipt. We have notified the attorney of a few changes that must be made based upon a variety of issues. I would imagine our attorney will have the updated Division of Interest to us in a day or so. Upon final review we will send to our accountant for entry into the accounting system and creation of our Division Orders. I am very hopeful Division Orders will be mailed out next week.

I am out of town right now but I have copied my partner and a few members of our staff that are handling this matter so they are can be aware of our communication. I wish this was already completed but as I previously stated this is such an enormous undertaking it is almost impossible to estimate a completion date. However, we are a lot further along than we were a month ago and I am positive we are very close to a mail out date. There are many people working diligently on this and we are committed to wrapping this up as soon as possible.

As far as Edge filing for bankruptcy, that is a complete rumor. Our capital partners are committed to this project and we are well funded. The rig should be on location in a few weeks to drill at least one additional well at the cost of $5.2 million.

Thank you for your continued patience.

Mike Martinez

 

The annual meeting of Walnut Creek Homeowners Association was held on Wednesday April 27th. 2011. Thank you to all of those who attended or sent in proxies.

The terms of Michael Landon and Wade Mount ended, thank you Wade and Michael for your years of service and involvement in your community.

We welcome Stacey Law and Kevin Blankenship who will be filling the vacated positions on the Board of Directors.

2011 Annual Meeting Minutes

Updated Gas Lease Information April 2011

Walnut Creek North is on Facebook
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HOA Board Officers for 2011 - 2012

Positions on the board will be decided at the next meeting of the Board.

Scott Long

Stewart Bonner

Stacey Law

Kevin Blankenship

Kevin McCormick