Opportunity for Potter County, PA land/OGM owners to share information regarding natural gas leasing.
Location: Potter County, PA
Members: 80
Latest Activity: May 13
myself and two other neighbors leases will be up for renewal all within a 6 motnh time frame of each other. We have discussed joining together so our land parcel would be larger and hopefgully have…Continue
Started by Scott Blumenstock. Last reply by Jack Young May 13.
A second wave of leasing activity is happening throughout Northeastern Pennsylvania. If you leased your property in 2008 for a five year primary term, the lease will expire unless the Lessee has…Continue
Tags: expired lease, expire, renew, release, surrender
Started by G S Gass. Last reply by Jack Young May 13.
Hi, I am new at this and had a few questions. Our cabin is located on rt. 6 near potatoe city. I know that they put a well in down the road and I was wondering how close you need to be to the well…Continue
Started by jen wunderlich. Last reply by Tim May 9.
Folks,Good evening.Have the pipeline expansion plans come to fruition?Do the majority of wells in the county continue to drip to preserve the held in production clause?What is the up to date…Continue
Started by Tim May 9.
how are people marketing their land in McKean County? Are you guys actively searching for landmen and/or companies? We have rights in both Potter and McKean and are curious of the process. Thanks!Continue
Started by BW. Last reply by Janice L. Hancharick Jan 21.
Just read on GMS that a county west of 4-County's borders was encouraging folks to lease shallow rights (depth specific to 2500') for $50/AC. Yes, oil & gas still exists in shallow layers but…Continue
Started by Janice L. Hancharick. Last reply by Janice L. Hancharick Feb 10, 2012.
Hi I'm Harry, Have 50ac +/- near Genessee that is leased and will be expiring soon. Has anyone else seen activity on leases set to expire in the next 6-12 mos? I know Chesapaeke, and East were…Continue
Started by Harry Sanders. Last reply by Janice L. Hancharick Jan 22, 2012.
My family has mineral rights in Potter County, PA, West Branch Township and I'm researching the fair market pricing for leases in that area. After paying a very modest price for the first 5 year…Continue
Started by Mark White. Last reply by Janice L. Hancharick Jan 20, 2012.
Comment
Comment by Dave Jones on January 9, 2013 at 7:43pm My family has property in Elk County and have lease it to Allegheny Enterprises. They drilled a shallow well on the property to hold the lease. We are looking to talk to anyone who has a lease with Allegheny Enterprises that is experiencing the same problem.
Comment by BW on November 10, 2011 at 9:38am how are people marketing their land in McKean County? Are you guys actively searching for landmen and/or companies? We have rights in both Potter and McKean and are curious of the process. Thanks!
Comment by Jules Delgotto on April 28, 2011 at 11:10am After all this time, It's good to see Janice has finally disclosed her financial interest in the 4 county group
However, I believe the question was " how much of the bonus and what percentage of royalties do you take for your efforts"
Your percentage of the bonues payment, as spelled out in your " channel partner agreement contract" with CoExprise will suffice as an answer.
In the interest of full disclosure to all involved will you post a copy your "channel partner agreement contract" with Coexprise on their website
Comment by Mark White on April 26, 2011 at 8:00pm
Comment by Jules Delgotto on April 11, 2011 at 12:56am Tread carefully with some of these land owners groups. Some play the insecure land owner card and tout the benefit of a good lease, as if there are some secret clauses in their posession.
When in reality, a well versed attorney can draw a comparable lease, if not one tailored more to your personal situation.
Further, in Ms Hancharick's group's case. Aside from taking a portion of your bonus money and a portion of your royalties, you must keep in mind you are signing a contract with Coexprise, the Experts. If you do not accept their results of their bidding process and lease (which will be the group's lease) and decide to go lease on your own, you are still obligated to pay Coexprise their bonus and royality fee. Ouch.
And as for Ms Hancharick, she is being paid by Coexprise, so just consider what you hear very carefully and don't be sold a bill of goods from a landman or a landowners group headed by a company that takes.
Comment by Craig on January 31, 2011 at 8:39am
Comment by Bonnie Swinehart on January 28, 2011 at 8:46am
Comment by Craig on January 28, 2011 at 12:15am Bonnie,
If you are hearing this from PGE, check it yourself - they do own alot of minerals and leasing a bunch from the PPL deal, but in Mckean county, it is much more spread out than it is in Potter - they don't always surround everyone in Mckean. In what Township are you located - I can answer in the Mckean Group, if you would prefer.
Comment by Scott Blumenstock on August 20, 2010 at 6:45pm
Comment by Bonnie Swinehart on June 10, 2010 at 9:30pm
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