Who to contact to lease?

Hello all,

I just received some property from a family member in Hancock County. Does anyone have contact info for a land guy so I can talk to them about leasing? Also what are the going rates as of now?

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Replies to This Discussion

Permalink Reply by Todd Smith on April 24, 2012 at 11:04pm

Chris,

You need to contact Jeff Rokisky immediately to sign on to a landowner's group lease at $4500 per acre!

He is an attorney located on Main Street in Weirton.

Deadline is tomorrow April 25th to sign deal!

Good Luck!

Permalink Reply by Chris Smith on April 24, 2012 at 11:18pm

Tod,

 How long is it going to take to get the bonus money? Also do you know of any companies in the area right now? I live about 3 hours away and I work from 7am to 8pm 6 days a week and won't have time to call Jeff. I was reading on here and saw CHK and Chevron, do you know what they are paying?

Permalink Reply by Todd Smith on April 24, 2012 at 11:28pm

Chris,

The latest information that I have is Chesapeake is the major lessor in Hancock County. 

Unfortunately, I have now heard that Chevron has decided not to lease in Hancock.  There are also some other smaller O & G companies that are interested in leasing.

Are you sure that your family owns the minerals and that the minerals are not under current lease?

Permalink Reply by Chris Smith on April 24, 2012 at 11:31pm

Todd,

 

 Yes I now own the minerals as well. I hired an abstractor to check in to it for me and it passed she said. Do you happen to have a contact for a Chesapeake landman? how much are they paying?

Permalink Reply by Todd Smith on April 24, 2012 at 11:34pm

You really ought to call the Rokisky Law Firm so that you can get $4500 per acre and 17.5% gross royalty tomorrow.

You might want to call in sick... or do whatever you gotta do to get in touch!

Permalink Reply by Todd Smith on April 24, 2012 at 11:35pm

About how many acres are we talking here?

Permalink Reply by Chris Smith on April 24, 2012 at 11:37pm

It is around 60 acres. I may try to call him tomorrow.

 

Permalink Reply by Todd Smith on April 24, 2012 at 11:40pm

That would be wise... although, you should be able to negotiate a good deal with that amount of acreage on your own.

Atty Joe Ludovici has a landowner group as well.  His office is in East Liverpool, Ohio.

Other than that, you can call Kenyon Energy out of Boardman, Ohio to talk to a landman.

Good Luck!

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