Shell is having an informational meeting for southern Venango County, Wednesday November 16, 2011 at 7:00pm, Clintonville Volunteer Fire Department, 103 Emlenton Street, Clintonville, Pa. 16372.
THIS IS SPONSORED BY SHELL, NOT A LAWYER OR MINERAL GROUP.
Actively leading. Frank McNany, a local, and a Shell representative will be there to answer any technical questions. There will also be Shell leasing representatives there to discuss all elements related to leasing.
Could someone please psot the name and phone number of the leasing agent? Thanks
Here is Jason Hanath's cell number 248-425-4667. He is a landman representative, independent contractor, for Shell. I have met with him to discuss his role in leasing and he has signed up a lot of large parcels in you area. However, I would just be careful signing a lease without first seeking indepedent counsel. Jason will advise you to do the same. Although he is a real nice and knowledgable person, he does not work for you. Give him a call and let him know I gave you his number. He will confirm what I just said.
I would be careful involving myself in a 'group' that takes a percentage of my Bonus payment and ESPECIALLY one orchestrated by lawyers that are willing to take a percentage of your royalty payment. I can't think of anything more unethical...
If they are willing to do this, are they really working in your best interests?
How did the meeting go? I was unable to attend. Has leasing spread outside the irwin, clinton, scrubgrass townships of venango county?
It went very well. We are going to be at Scrubgrass Grange on November 21 at 630...and yes they are moving outside of those areas.
Possibly moving to the Rockland or Richland twp. area? I know Chevron, Range, and Seneca have shown some interest in those areas
Jason Hannath is moving northward within Venango county. He told me so the other day when I introduced him to an Amish family I know. One of his colleagues is taking over southern Venango.
Jason acts as the point guard to open up an area, then Shell sends in other folks to do the mop up work.
The current Shell offer is $3250/acre, 18%.
Are you able to get a copy of the lease that he is currently offering?
It is a standard, boilerplate type lease. I recommend you add your own addenda such as a Pugh clause, gross royalties at the wellhead, etc.
Hi George, what is a gross royalty at the wellhead clause? I talked to a Range representative yesterday and he said that they are interested in the sandy creek area and areas north of that. He said that their standard offer is $500 per year signing bonus and 18% royalty. If you prefer the up front bonus I think it was $1500 per acre for the 5 year lease. Range is more interested in northern areas.
Does anyone know someone who does abstracts if Venango County?