Anyone ever hear of anything called the "Towanda Thrust" a section of the Marcellus with a high salt content?
I think there is a possiblity that a landman is setting us up to think our land is not worth as much as others by putting us in this so called area. I've tried googling it and searching it and can find nothing on it.
Rob, Salt is not an issue in the Marcellus formation because of the way it was formed 390 million years ago. Faulting in your area could be a problem. There are a few areas in the marcellus that have geological issues and have ended leasing in those townships.
Ask the landman to prove there is a salt issue or tell him to have his crewchief call you with the facts.
We live in Franklindale too. Our five year lease with CPK expired. They offered a 2 year extension at half the value. How would we know if we are in an area with faulting? They had the seismic testing and still offered this on the lease so I don't know what to think.
I didn't realize this thread was so old.. sorry..
but that doesn't change my question... I think we are about the only people in Bradford county ready to pack it in and just sell our natural gas rights...The only thing I can figure out is that we are right on top of one of those faults..