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STEPHEN replied to 1840 farm's discussion 'Recent offers in Westmoreland County....' in the group Westmoreland County, PA
Hello,
My name is Stephen Knight with Giant oil & Gas. We are looking for land to lease in your area, if you know
of any acreage not leased please call.
817.771.1421
Thanks
tom zinn replied to 1840 farm's discussion 'Knapp Aquisitions: Getting some phone calls.' in the group Westmoreland County, PA
I have interest in joining this group. Please advise how I can do so. Thx. Tom tzinn@zamsc.com
Carol replied to 1840 farm's discussion 'Recent offers in Westmoreland County....' in the group Westmoreland County, PA
Cathy,
I think $1500 per acre is the "going rate" now. The bonus payments seem to be decreasing quicklyl. Gas prices are so low and the gas companies have so much land already under lease that it is going to be difficult to hold these…
Cathy Baroffio replied to 1840 farm's discussion 'Recent offers in Westmoreland County....' in the group Westmoreland County, PA
No I did not consult with an attorney on my 11+ acres... This was a deal that my dad made for me because this was a lot of land that he had subdivided for all his kids... So it used to be all his land and so he kinda felt obligated to do the…
Carol replied to 1840 farm's discussion 'Recent offers in Westmoreland County....' in the group Westmoreland County, PA
I think Atlas is the only company interested in leasing in Mt. Pleasant Township for Marcellus. Kriebel is drilling a lot of shallow wells there though.
Just curious, did you consult with an attorney prior to signing the lease?
Cathy Baroffio replied to 1840 farm's discussion 'Recent offers in Westmoreland County....' in the group Westmoreland County, PA
I just recently signed a 5 year contract with Atlas Energy for $1500/acre and 15% royalties. This is in Mount Pleasant Township. I own 11.68 acres in Acme, PA. I also own 54 acres in Mount Pleasant as well, but we are holding out on making any rash…
1840 farm replied to Larry's discussion 'Is a 10 year lease too long?'
We're in westmoreland too, and haven't heard of any groups either. Seems everyone is negotiating individually, though that's not to say we don't get together with the neighbors and share information...
Never heard of Coprise…
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1840 farm replied to Larry's discussion 'Is a 10 year lease too long?'
We heard that a nearby farm had over 80 acres and only 40+ were included in the unit, so they only get paid for those 40+ acres, pugh clause should avoid that scenario if we understand this correctly?
1840 farm replied to Carol's discussion 'Has anyone heard future drilling plans in Derry Township?' in the group Westmoreland County, PA
No. We were negotiating with Tim, haven't heard back from him in a while... starting to wonder if we need to find another Williams landman to finish negotiating a lease with. We're over toward Brenizer, kind of... well, just about smack…
1840 farm replied to Carol's discussion 'Has anyone heard future drilling plans in Derry Township?' in the group Westmoreland County, PA
Bruce and Nick? Wasn't there one named Tim? What happened to him?
J. Rossi replied to 1840 farm's discussion 'Recent offers in Westmoreland County....' in the group Westmoreland County, PA
Offers from Williams
$2500 Paid up
15% Royalty
5yrs
5yr Ext.
But, They are drilling and they have a lot of lease holds in Derry twp.
1840 farm replied to 1840 farm's discussion 'Knapp Aquisitions: Getting some phone calls.' in the group Westmoreland County, PA
Did anyone happen to get to read Mike Knapp's replies before they were deleted? Curious to know what they'd said...
1840 farm replied to 1840 farm's discussion 'Knapp Aquisitions: Getting some phone calls.' in the group Westmoreland County, PA
So much for energy independence.....
1840 farm replied to 1840 farm's discussion 'Knapp Aquisitions' in the group Westmoreland County, PA
World-wide.... so the Chinese could end up "owning" our gas and selling it to the public? Am I understandng this correctly?
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