I have just been offered $500 for 5 (in Stark) and they have the right to renew for 5 more for another equal payment.
This was the first offer, and I wasn't told they they were about to move on.
But thanks for your info, as I was thinking it might be foolish to accept the first offer.
Where did you hear of $1500 for 5 years in Stark?
Feel free to contact me.
allinv at hotmail
Thanks for the reply,
Do you have any contact info for Sierra?
My second offer (negotiated) is the same as you are saying. I'm also getting a few other enhancements to the storage and surface terms, as well as the royalties.
Thanks so much for sharing your info (everyone), I know people who accepted the first offer.
Did you ever get to contact Sierra or Reserve Energy? We were told Chesepeake wouldn't sign anyone for over $1.000 an acre In Stark county for 5 yrs. was that not true?? They (Chesapeake) said $1500 for 10 yrs. but no more than $1,000 for 5.
I never got contact info for Sierra. They may just be an agent for Chesapeake.
I would be happy to talk to Reserve, do you have contact info?
I am in Pike twp, and was told by CHK the max is $750 for 5 or $1000 for 10.
Just like James' offer at the top of this page.
Of course it's only my second offer, so who knows.
Your offer is obviously better than mine.
Can you tell me where in Stark you are at?
I haven't signed yet, and I'm ALL EARS!!
THANKS for sharing.
Thanks, that's pretty close to me.
So I take it then that you already signed for 10 yrs for $1500?
No we went with the 5 yr. $1000 To chicken to sign for 10