Looks like a new player on-board in the Utica play with new ideas.......
Sounds good Gary L
Bill Baker, Dennis Kucinich and probably Vera Scroggins all in the same place. Oh Boy, I can’t wait to miss this one.
The Tri-County Landowners coalition will be presenting a Land Leasing Forum on March 17th from 9am to 1pm, located at Three Crosses Church, 12 Cleveland Street in Butler, Ohio. The forum will provide information to landowners and other concerned citizens regarding some of the issues surrounding subsurface mineral leases and deep horizontal drilling in Ohio. Speakers include Gubernatorial Candidates Constance Gadell-Newton and Dennis Kucinich, Laura Burns of Mom’s Clean Air Force, Eric Miller of North Central Ohio Land Conservancy and representatives from the Mohican Basin Landowners Association. Informational handouts will be available for free and some at a nominal cost. The Tri-County Landowners Coalition is several grassroots groups of resident landowners in Richland, Ashland and Holmes Counties, whose mission is to educate, and protect landowners and landowner rights. There is no cost to attend the forum and all area residents are encouraged to attend.
https://marcellusdrilling.com/2018/03/fake-ohio-landowner-groups-la.... This what Dennis Kucinich is up to. How's Mohican gonna get landowners a deal being part of this seminar?
According to Baird Equity Research, Cabot is Top Ranked Operator in the Marcellus.
Jim, do you think East Ohio Oil is tied in with Cabot?
Yes Cabot used the EOOG name through Western Land Services starting in the fall of 2016 in Knox County. To my knowledge Knox is the only county that they have taken on/leased new acreage. All of the land in Richland Ashland Holmes and Wayne was acquired through the sublease with Columbia. They say they have 50,000 acres leased in Knox.
Laziness prevents me from adding up the total acres under lease in Knox by EOO&G but it is large, very large. 437 recorded leases as of yesterday. Not all are recorded yet and they are still actively pursuing land owners.
Been talking to others that have signed up and quite a few are thinking along the same lines as me. The last time we held out and got zippo. Forced pooling will allow them to gather under you even if you dont sign up unless you own a huge acreage and even then they can still gather from your fringes.
If Cabot hits in a big way then a lot of people made a mistake but it isn't like we gave it away. I have always said Id like an oil and gas well on my property,,, right between two cell phone towers, LOL