Athens County, OH

Comment

Comment by Michael Householder on May 15, 2012 at 9:41pm

Starting to see some serious offers in Washington County. Keep your eyes and ears open. Time to make sure you have a marketable title and that all old leases have been properly released.

Comment by Michael Householder on May 8, 2012 at 10:10pm

Offers in Washington County have passed the $2,500 mark. I know of at least one actual payout (check has been received and cashed) in Morgan County of $2,500 per acre. Anadarko's wells in Noble County are producing up to 3 barrells of oil per acre each day. Offers and drilling rigs are getting closer each day.

Comment by Ann Sowers on April 7, 2012 at 7:34pm

Southern Athens Co Landowners Assoc Meeting. April 12th at 7 pm held at Coolville Elem school. This is for new landowners who have not been to a meeting or new to our group. Current members need not attend. This is to educate and allow more landowners to join our group. You can call or email me at Sowers93@yahoo.com or 740-662-3012. Our group currently has 37,700 acres.

Comment by Ann Sowers on April 6, 2012 at 2:06pm

Thank you Michael!!!! I hate answering this question over and over again. I may copy and paste your points and use it!

Comment by Michael Householder on April 6, 2012 at 1:04pm

Correction on #7, the well is in southern Hocking Co, near the Vinton County line. Still bodes well for Athens County in my opinion.

Comment by Michael Householder on April 6, 2012 at 12:58pm

1. the O&Gs provide the data used by the ODNR
2. the O&Gs have proprietary info that they did not provide to ODNR
3. prices for Utica leases are growing at a faster rate than any other shale play in the US
4. the O&Gs want to bring prices down
5. discouraging news will cause landgroups to falter and bring prices down
6. there are no new data points for SE Ohio, particularly Athens County. Why did the map change?
7. there is a Utica well (verticle, not horizontal) on the Athens/Hocking boarder that produces nearly 100% oil.
8. the ODNR map defines the "Core Production Area". It does not mean that anything outside the defined area is worthless.
9. Hess just bought a bunch of existing leases in Athens County this year (2012). If we are worthless, why did they come here? You can find the deal on landaccess.com
10. Kaufman Realty has been auctioning properties in Morgan County (new maps place it outside the defined area as well) for $5,000 to $6,000 per acre as recently as February.

Patience remains to be critical for landowners. This thing plays like a poker match. I say they (the O&Gs) are bluffing.Hope this helps.

Comment by don humphrey on April 6, 2012 at 12:27pm

Looks like Athens Co. is no longer considered in "the play"  according to this.  The geological map that the drillers have updated has moved north of Athens Co.  Comments?

Landowner%20Letter%204-4-12.pdf

Comment by Michael Householder on March 9, 2012 at 11:33pm

Cunningham just announce it won't make the 3/15 deadline. See discussion above.

Comment by Paul Blausey on March 3, 2012 at 7:33pm

Ann Could you post an address for the community center. I will be comming from out of town and not for sure where its at.

Comment by Ann Sowers on March 3, 2012 at 6:52pm

Next meeting for Southern Athens co landowners assoc is set for march 31st at 6 pm at Shade Community center. Group for Landowners in Athens co and northern Meigs Co. Contact Ann Sowers for details. Sowers93@yahoo.com

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