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Bernie Horabik replied to H Bale's discussion 'Ohio's Utica shale is shaping up as a gas-rich, not oil-rich play'
Bernie Horabik replied to Jarrod Richter's discussion 'vantage in greene county'
Bernie Horabik replied to Jarrod Richter's discussion 'vantage in greene county'
Bernie Horabik replied to Jarrod Richter's discussion 'vantage in greene county'
Bernie Horabik replied to Jarrod Richter's discussion 'vantage in greene county'
Bernie Horabik replied to Rockjul's discussion 'M&P BEING SUED'
Bernie Horabik replied to Rockjul's discussion 'M&P BEING SUED'
Bernie Horabik replied to Derek's discussion 'Bounty Minerals?'
Bernie Horabik replied to Derek's discussion 'Bounty Minerals?'
Bernie Horabik replied to Philip Brutz's discussion 'Rex Energy' in the group Guernsey County, OH
Bernie Horabik replied to guernsey's discussion 'Trailway Resources LLC' in the group Guernsey County, OH
Bernie Horabik replied to joe blow's discussion 'where do i find someone to lease or sell my rights too?' in the group Greene County, PA
Bernie Horabik replied to searcherone's discussion 'Article on Gastar in Marshall and Wetzel Cos. WV "Not short term rush, in for long haul"'
Bernie Horabik replied to Vicki Gill's discussion 'Greene Co.'
Bernie Horabik replied to Gary's discussion 'What is going on in Northern Washington county ?' in the group Washington County, PA
Bernie Horabik replied to Todd Smith's discussion 'Allison 3H Well Final Open Flow' in the group Hancock County, WVJoin Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights
Finnbear said… Bernie,
Have you done anything concerning leasing yet? I have some new information that may interest you.
Finnbear said… I spoke with Jeff Bailey today from the non-profit group ALOV that was so successful in April with their 60,000 acre lease of land in Columbiana, Carroll, Jefferson , Mahoning ,Stark, Tuscarawas,and Harrison Counties that was signed with Chesapeake. This was a $2250/acre, 17.5% Gross Proceeds royalty that was very landowner friendly. They are gathering landowner names/contact info to start a Belmont county group. This might be a good chance for us in Belmont to get a lease written for the benefit of us landowners and not the oil companies or middlemen. Their website is below.
If you are interested, please send me a message here http://gomarcellusshale.com/profile/Finnbear
Finnbear said…
Finnbear said… Bernie,
Where in Belmont county is your land located?
Finnbear
Ronald b. nicklow said… Bernie,
Have you taken any action on your offer, and if I may ask with whom.
Ron
Ronald b. nicklow said… Bernie,
Don't learn the hard way, as other have, who were not fimilar with the tactics these fellows use. One of the misleading elements is a $2,000 per acre lease.
If it is a 5 year lease, make sure your will receive that amount each year.
Most of the time the $ amount per acre is divided by the term of the lease.
EXAMPLE:
$2,000.00 divided by 5 equals $400.00 per acre PER YEAR!!!!
At $400.00 per acre you will receive $28,000 a year.
My advise is to make sure you have clear title to the mineral rights and then spend some of the $28,000 before you get it on lawyer fees.
Beleive me, it's the only way to deal with these FELLOWS !!!
This is one of the simpilist misleading variables of a llease.
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