Comment

Comment by Finnbear on September 8, 2011 at 8:26am

Fracking on hold Waiting for results of studies on impact of drilli...

I wonder how this will affect leasing activity in Ohio?

Comment by Randall P King on September 7, 2011 at 10:20am

Big news this AM. Consol has entered into a JV with Hess Oil for half of their Ohio Utica Shale Play. Hess is paying $6,000 per acre for the prime acreage in the wet zone (Harrison,Jefferson,Belmont,Guernsey totaling 79,849 acres). Go to the website, click on Investor Relations tab, then click on Presentations to analysts. There is an excellent map of the play and Consols' acreage.

http://consolenergy.com/default.aspx

Randy

Comment by Finnbear on September 3, 2011 at 11:00pm

Here is a link to an article written by a prominent oil & gas attorney about lease clauses often found in leases offered  in the Utica and Marcellus Shale plays. Interesting reading and reinforces the fact that you MUST have a good landowner-friendly lease that you FULLY understand.

Unusual Ohio Oil and Gas Lease Provisions

Comment by Randall P King on August 30, 2011 at 8:33am

Here's an excellent short article regarding the value of NGLs (natural gas liquids). If your property is in the wet zone of the play it is much more valuable than if it is in the dry gas zone. If you're in the wet zone make sure your lease pays you for all hdrocarbons produced (Ethane, Propane, etc.).

http://seekingalpha.com/article/290406-the-role-of-ngls-in-increase...

Randy

 

Comment by Randall P King on August 22, 2011 at 8:50am

A good article from this mornings' Akron Beacon Journal/ Ohio. Com:

http://www.ohio.com/news/local/ohio-landowners-joining-up-to-get-a-...

Randy

Comment by Randall P King on August 18, 2011 at 8:52am

Consol and Nobel Energy announced a joint venture on Consol leases:

http://phx.corporate-ir.net/phoenix.zhtml?c=66439&p=irol-newsro...

Randy

Comment by Randall P King on August 17, 2011 at 12:30pm

What is it Worth? An interesting article:

http://www.rigzone.com/news/article.asp?hpf=1&a_id=110217

 

Randy

Comment by Randall P King on August 16, 2011 at 12:46pm

Here are two good web sites to gain info and help you make an informed decision when leasing, by knowing what is current in the industry.

http://shale.typepad.com/utica_shale/

 

http://www.eaglefordshale.com/news/

 

Randy

Comment by Randall P King on August 15, 2011 at 12:04pm

Something to read with the morning coffee. Read the entire article as there is info on the Ohio wet play towards the end.

http://www.altoonamirror.com/page/content.detail/id/552711.html

Randy

Comment by AT on July 30, 2011 at 8:29am

http://www.heraldstaronline.com/page/content.detail/id/562230.html

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