Bernie Horabik
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What is your role?
Landowner
Which state(s) are you following?
West Virginia, Ohio

Comment Wall (6 comments)

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At 6:27pm on June 13, 2011, Finnbear said…

Bernie,

Have you done anything concerning leasing yet? I have some new information that may interest you.

At 11:20am on May 11, 2011, 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.

http://alov.us/home.html

If you are interested, please send me a message here http://gomarcellusshale.com/profile/Finnbear 

At 9:13am on April 29, 2011, Finnbear said…
Mine is in Washington Twp in the far south part of the county. It would be hard to connect your property with mine in any kind of land pool deal. Too much county in between us.
At 11:10pm on April 28, 2011, Finnbear said…

Bernie,

Where in Belmont county is your land located?

Finnbear

At 10:56am on February 16, 2011, Ronald b. nicklow said…

Bernie,

Have you taken any action on your offer, and if I may ask with whom.

 

Ron

At 9:21pm on February 3, 2011, 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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