Brad's Page

"It sounds like 18% net is the going rate.  Does anyone have insight on what percentage is lost after the lessee takes deductions?  Could 18% net be equivalent to 15% gross....approximately.   I  know the original Columbiana…"

"Dan, I didn't attend but, I heard from some very reliable sources there were about 8 that did. Joe"

"I missed that RKR meeting do anyone attend? "

"Michael I'm all ears right along with you. Joe  "

"Joseph Thanks...Hopefully, RKR will bring some higher bids with them "

"Can't say Michael.   Haven't heard about any numbers other than those out of county (that have sold) and Wishguard's 1600.00 (if sold). "

"Perhaps that is why RKR Resources is now coming to Ashtabula to bid on acreage. Have prices reached higher than the reported $1600/acre figure that has been bandied about? Thanks"

"Brad, I called the Ohio Geological Survey today to request the map that the Columbus Dispatch implied was generated by the OGS (back at the beginning of the month). They told me that the Columbus Dispatch must have extrapolated their newspaper map…"

"Well said....thanks."

"I would guess that 84,000 acres worth of land records will take a while to research/verify by the driller."

"Oh wait, I forgot about the wall that goes down 10,000 feet on the Ashtabula/Trumbull line.  Ashtabula is still unproven ground.  We better take what we can get."

"Ouch Adam......hope you have a better price to offer at your meeting......like 150% more than what you've been offering. "

"I am not aware of any ALOV deal in Ashtabula. Can you shed some light"

"I hope your right. That sounds about what it should be but who knows. "

"$5,800 & 20% is the whisper number.  But who knows at this point?  Rumors abound."