Replies to This Discussion

Permalink Reply by Brett R Oxley on October 27, 2011 at 8:21am

Geez, Ron, are they paying you per thread created or what?

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Permalink Reply by Ron Eiselstein on October 27, 2011 at 8:27am

Brett, I strongly resent that statement.  I believe I have proven here that I am a landowner advocate as well as a farmer (shrimp).  If it comes out today that the price is indeed $5800/20% then I believe I am only helping my community as I have always set out to do.  Please google Yellowcreektheatre.com

 

Lastly, my writings are popular because of full disclosure, unless the info. is proprietary.  Also, good luck with your community well in Lake Milton and remember we are your neighbors there too.

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Permalink Reply by Brett R Oxley on October 27, 2011 at 10:10am

I think you misunderstood my  (obvious to me now) poor attempt at a joke. I do enjoy your articles and thread initiations as they are clever and provoke responses, and those repsonses in turn help draw out more and more information for all of us. Maybe I caught you at a bad time? 

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Permalink Reply by Ron Eiselstein on October 27, 2011 at 8:38pm

Brett, no problem, just wanted to make sure no one reads the post in a wrong way.  Also, keep us informed about your well in Lake Milton, all eyes are on what that rig produces, if they let us know.

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Permalink Reply by Mickgyver on October 28, 2011 at 10:21am

Good job Ron ,I personally enjoy the variety ,it keeps the boredom and stress at a reasonable distance , keep on keepin on,   I hope I can find  good new upper rate to post , like any minute now would be good   mick

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Permalink Reply by Craig Stull on October 27, 2011 at 8:24am

Ron,

 

   Wow!!! I may be wrong but I believe Buckeye mineral is a new land owners group.

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Permalink Reply by Ron Eiselstein on October 27, 2011 at 8:36am

Information trickling out is that it is Bob Rae's new for profit group as they phase out the nonprofit ALOV.  Now remember, this is new info. and some of our landowners are heading to their offices to sign up and verify.  The landowner who signed up is very reputable in Mahoning county so I do not doubt his statements.  But.....haven't I always been writing that we should be treated the same as the lower Utica counties that are leasing at over 5K?  After all, the second Utica well was sunk in Lake Milton a year ago.

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Permalink Reply by Jim Litwinowicz on October 27, 2011 at 9:04am

So if Buckeye Mineral is a landowners group do they have an actual lease from an oil company for $5800/20% or is this just their stated goal? Landowner groups get people in by setting high goals.  Not all of them reach that goal. Its important to know the difference.

And if you join the group how long is the commitment? And are you sogning a marketing agreement or an actual lease that they will package and resale?

Mahoning may or may not get that kind of offer. Shale plays vary by the township or even by the mile. Its unrealistic to expect the entire area to get the same considerations.  Who knows, Mahoning someday be even better but all the mapping and data indicate otherwise for now.

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Permalink Reply by Ron Eiselstein on October 27, 2011 at 9:15am

Jim, give me a call about the airport. 

 

In regards to Buckeye, we have to agree that the ALOV and Rae have been very successful in one thing.....getting landowners money and at the time the highest amounts.  The big question is: "What did the ALOV get for the recent 25000 acres?"  I would bet, near $5K or exactly $5800, it makes no sense otherwise and the play has really not been a guessing game but a methodical one.

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Permalink Reply by dr j on October 27, 2011 at 11:31am

I have heard this same information from multiple sources.   I believe that is the accepted lease price- and they are signing with the O/G company.  I also believe it may not be CHK this time... although do not quote me... maybe Gulfport.   I read so much on a daily basis - although reading comprehension is my strong suit.... there is a lot "out there" and not all of it accurate.

Ron - now that you are a farmer,  if you needed veterinary care for your shrimp, let me know.  OF course the only way to properly diagnose is to taste test, over linguine. 

 

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Permalink Reply by Ed Ganelli on October 28, 2011 at 7:48am

Nope...the deal is with Chesapeake and was brokered by Bob Rae's new company...

 

On an even better note, ALOV group members should be expecting a letter soon from ALOV that supposedly will make them VERY happy...

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Permalink Reply by Craig Stull on October 28, 2011 at 9:02am

Edward,

 

IS THIS TRUMBULL ALOV GROUP.

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