Comment

Comment by myles fetterhoff on April 3, 2012 at 12:32pm

some group have you sign and the door with your naME AND ACRERAGE AND THEN THEY SAY LOOK ALL YOUR NEIGHBORS SIGN UP.  tHEY TAKE BONUS MONEY AND A PERCENTAGE OF YOUR WAGE OR SOMEONE IN THE SHODOWS PAY THEM FOR THE LEASE OR THEY TALE ALL THE FORMATION.  oR THEY LEAVE OUT LANGUAGE FOR WET GAS.  yOU MUST HAVE EVERTHING RIGHT IN THE LEASE OR YOU ARE SCREWED.

Comment by Jim Litwinowicz on April 3, 2012 at 12:17pm

Not true Myles, they will know who they sign with.  As a matter of fact, we will show the group the three or four best offers, go over all the terms and addendum, and then let them vote on which they like best.  And when they sign a lease it will be directly with an E & P company, not a flipper, aggregator, or a front company working for a mystery company. 

One should be careful of groups that ask for upfront money with no guarantee of ever getting a good offer.

Comment by myles fetterhoff on April 3, 2012 at 12:05pm

Please be careful these group want to have part of your bonus money or percentage of royalties.  They neigiate the finalo dealo behind close doors and you never know what big energy actually paid for your lease.

Comment by Jim Litwinowicz on April 2, 2012 at 10:29pm

Crystal; the meeting is at the Quality Inn at 6:30 PM  Bring your neighbors and ask for me when you get there.

Comment by Dave on April 2, 2012 at 5:10pm

my neighbor has been approached by this company

It would appear there lease and addendums are pretty straight forward

he signed for 2750 and 16% and got to keep his shallow oil

info@ctxong.com

good luck don't shoot the messenger

good luck to all

Comment by Crystal on April 2, 2012 at 10:23am

I have heard there is a meeting in Franklin tmw April 3rd at 630pm...does anyone have any info on this meeting?

Comment by Dave on March 30, 2012 at 7:23pm

old vertical refracked deeper

Comment by sallyrachuba on March 30, 2012 at 5:11pm

Does anyone know what the well on 208 is?  It is between Irwin and Barkeyville.  Was it an old well or is this a Marcellus well?

Comment by myles fetterhoff on March 28, 2012 at 10:35am

they got 8 million or 800,000 from property oners for the lease

Comment by myles fetterhoff on March 28, 2012 at 10:34am

http://media3.vindy.com/news/documents/2012/03/27/alov_TrumbullGrou...

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