Tell me it isn't a rumour, PA gets Cracker and OH gets the hugh gathering midstream deal?
Like I said many times here, be patient, you ain't seen nothing yet.
Furthermore, we have not assessed any fees on the royalties for four or five months. That was a short term issue because of people that came late to a deal that was far and above any other offer out there. And it was after a year and a half of hard work to get it done.
We are now working several groups in various counties and are not assessing any royalty fee to any one and have not for many months. And to my knowledge, there are no plans to do so in the future.
Your fixation on that one issue is because thats all you got. Our company has a good track record of getting the best deals for landowners. Landmen hate us because we are taking their business. Other groups don't like us because they have difficulty competing. Gas companies would love to break up groups and deal with individual landowners that are unaware of many leasing issues. I suspect you are in one of those groups and are doing your best to drive people away from us for your own financial interests.
I only ask for anyone interested in leasing is to come to a meeting and listen to what we offer. Go to other meetings, talk to your neighbors, talk to attorneys, and then decide which avenue is best for them. I am very confident that we will do well in an open, competitive environment.
not making off my neighbors...making lots of money for them. When I run into them, the smile and shake my hand. Often buy me a beer. One offered to pick up my lunch. just like your buddy pumpjack will do if gets the guts to take the bet...or is that you? I'm not sure.
And since your such the super hero of ethics, why don't you rail on about oil companies sending out leases full of loopholes, trap doors, and deceptions?
Or about how land men go about with bank drafts of a couple hundred thousand dollars the very first time they meet a landowner hoping they will be blown away by the big numbers so much that they just sign the standard crappy lease?
Why do you never rail against the flippers that take advantage of the elderly or the Amish and sign them at $500 or $1000/acre and 12.5% royalty?
Or against the people that were charging 10% or higher? Or the other outfits that charge every single landowner they represent a fee against future royalties?
I made money with my neighbors. After two years of trying to get a good lease, and being told that $1500/acre and 15% royalty with deductions was the best we could get we made $1350/acre more, after were fees deducted, by going with Co-X along with a 17% royalty with no deductions. They were very happy to have paid Co-X their fees.
Are those colorful bills the old Saddam Notes!!!! LOL
so diamond jim moving the goalposts?
you made money on your neighbors in mt jackson...you know it and I know it
what about the lambs you are leading to slaughter in venango co with lawyers mopo? % of upfront and royalty tsk tsk
got them good and corraled at the altar of greed...............
One thing they keep stating is that this will create 10,000 construction jobs. Don't count on all of this as being local jobs.
My guess is that a substantial amount of the equipment will be built elsewhere and brought in by barge. That is one big reason to build on a river. Very large equipment can be built in Louisiana, Texas, or even in foreign countries and do the final assembly on the site. I'm sure that would save them hundreds of millions doing that.
Its a great thing to have here but need to keep a level head about it.
Shell hasn't even decided if it's going to green light the cracker project yet.....They may take another two years to do so...And I don't believe many direct cracker jobs will be filled by those in PA unemployment lines....I work in a refinery and it's very specialized
I'm a an excavator and dozer guy. Pads are short term for my experience.
Work is work! What excavator job is not short term?