I did not have an attorney look over our lease. I understand there is an attorney in Zelienople that has experience with gas leases, but I do not have a name or number. Sorry.
You could look over my previous reply that mentions the addendum we added and the changes we asked for.
Are you still working with PC? I met with Dale/Cheasepeake the other day. I haven't received the actual lease yet but landman was talking $1500-$2000, 15% royalty on a 5+5. I'd like to get a group together from Summit Twp and see if we can get enough acreage together to get some better prices.
To those who were wondering what a Marcellus well looks like after the fact: I took a drive to see the wells that Rex has already drilled. They show a map on their website, with very few identifiers of locations. It is slide #9 of their PowePoint on the website. See link below.
The wells are right along the road on rt 528 going north (a couple of miles) out of Evans City, and along Hartman Road, heading back towards Seneca High School. The small plant for processing the gas is plainly marked Rex Energy. I am assuming the green domes along the road are the well heads, although they may be connections to the pipe lines. If someone knows for sure, please let us know.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]