Replies to This Discussion

Permalink Reply by Dott on February 27, 2014 at 11:20am

Brent,

Did someone at the Recorders office tell you that leases are being bought? Maybe a company is getting serious about drilling and I know that at some point the drillers go back to confirm who truly owns the rights because the minerals may have been sold since the original lease.

Permalink Reply by steve sifferlin on February 27, 2014 at 11:21am

brent, might be for the Clinton wells. seems they are finding different ways to drill the Clinton. the lease that a lot of people signed in 2011 didn't include the Clinton formation!

Permalink Reply by Bruce McCrea on February 27, 2014 at 8:05pm

Brent, can you explain the Chesapeake to Cgas transfer.  This is news to me and I just want to keep on top of any Goshen Twp. leases.

Permalink Reply by Brent Laner on February 28, 2014 at 10:57pm

About a year ago Chesapeake notified most of the leaseholders in my area that they were selling the leases to Cgas. Cgas is a subsidiary of Enervest.

Permalink Reply by TM on March 6, 2014 at 1:42pm

EnerVest made its initial entry into Ohio through four acquisitions: the purchase of CGAS Corporation and Belden & Blake Corporation in 2003 and 2005, and the purchase of assets from EXCO Resources in 2009 and Range Resources in 2010.

I believe Chesapeake just transferred leases back to Enervest for some properties and leases. I was in the recorders office the other day and I did not see any evidence of leases being sold by any companies here. It was not real busy either a few people looking through the deed books and computers.

I did notice that Carrizo has cancelled leases in Tusc County recently. Some were in Bucks, Jefferson, and Salem Townships. Do not know why they cancelled these leases. Anyone on here leased with Carrizo and been cancelled lately?

Permalink Reply by ljmi on March 10, 2014 at 11:32am

Anyone have any idea what lease in Bucks Twp, or western Tusc county is worth? Is anybody leasing around there.?