Comment

Comment by Martha Lee Vincent on March 7, 2013 at 8:29pm

I noticed in the Parkersburg paper today that there was a notice for any landowner desiring to lease their land for drilling to contact a person to be included in a landowners group.  I think it is now time for Ritchie County to do that.  The drillers thus far have picked off the landowners on the cheap and a lot of them have just flipped the lease to a driller making more money for themselves instead for the landowners.  If you would like to be included in a landowners group, this is just in the beginning stages, give me a call and we'll see how much interest there is and how we can get the best deal for our oil and gas.  Call me at  Martha Vincent   304-481-4589.  and leave a message, I'll call you when I get home from work.

Comment by Nancy Mosley on July 23, 2012 at 9:45pm

Kevin, we have only an old flat rate well with EQT but they pay on time, anyway. Not much to pay for that well.

Comment by Kevin Riddle on July 23, 2012 at 4:58pm

Anyone having any contact with EQT and what is your experiences?

Comment by Nancy Mosley on January 29, 2012 at 9:28pm

Re the dormant mineral rights owned by non-surface owners: the county assesses taxes on producing and nonproducing mineral (oil, gas) rights. If you are assessed a tax and pay it on time that should be sufficient. If you don't pay the tax then you have your name in the local paper, and the parcel (OGM rights) is sold to the highest bidder at an auction. But even then you have 18 months to redeem your property (pay back taxes and probably a fine). The purchaser gets a refund. Nothing reverts to the surface owner unless he/she is the purchaser at the tax sale.

I am Not an attorney but have inquired about this process.

Comment by Martha Lee Vincent on January 29, 2012 at 7:29pm

In Wv. what happens to dormant mineral rights owned by non-surface owners after 29-30 years with no saving events.  Do we have a law that lets mineral rights in these instances revert back to the surface owners after a certain period of time?  Any lawyers on here?

 

Comment by J Nestor on October 14, 2011 at 8:41am

If you can wait, the price will go alot higher, wait. Start working on what you want in your lease. If you have an O&G attorney ask him what he has heard and study his lease that he has negotiated in the past. The O&G companies are in a frenzy in southeastern ohio right now, when those areas are done they will start moving into these areas.

Comment by Nancy Mosley on October 13, 2011 at 9:29pm

Thanks, Martha, that's what we (sister and I) are thinking. I just want to check with others.

Comment by Nancy Mosley on October 13, 2011 at 12:14pm

A company is trying to get a unit together in the Gillespie Run area for another company to drill a "deep well". I think the amount offered (about $25 an acre) is low. Thoughts?

Comment by Erin Rader on October 7, 2011 at 6:41pm

Yeah that was weird!

 

Comment by bruce barton on October 7, 2011 at 5:04pm

we have been spammed by someone with bad english- be careful, and don't open any links that you are not sure of!  B

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