Bungy Road
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Bungy Road replied to spiros kasimis's discussion 'looking to buy property' in the group Bradford County, PA
"40 acres, 5 bedroom, 3.5 bath, pool, spa, basketball/tennis court, barns, pond,  in planned production unit with Shell, Sullivan township Tioga County.  100% OMG transfers with right offer...  serious inquiries only. "
Nov 19, 2011
Lynn Wigglesworth replied to Bungy Road's discussion 'Kept house in PA but wondering if there is any activity on Bungy Rd. Sullivan Twnship lately...' in the group Tioga County, PA
"There are 2 Thomas 503 wells (one vertical, one horizontal) that were drilled in 2010, according to the DEP website."
Sep 24, 2011
Bungy Road and Theodore Koncsol are now friends
May 11, 2011
FXEF replied to Bungy Road's discussion 'what is the average sale price per acre in Tioga county when selling home? with and w/out OMG' in the group Tioga County, PA
"Bungy, Reserve your O&G mineral rights, however be sure the reservation is done properly. You may need an experienced O&G attorney to work with the Realtor and land attorney.  "
Apr 16, 2011
Ann Ticopa replied to Bungy Road's discussion 'what is the average sale price per acre in Tioga county when selling home? with and w/out OMG' in the group Tioga County, PA
"It sounds like the OP is already in a unit (40/530), so the lease is a done deal. My suggestion is to talk to several local realtors, Is it important to sell the property asap or could you wait a while? Has Shell gotten a permit(s) for the unit yet…"
Apr 16, 2011
Lynn Wigglesworth replied to Bungy Road's discussion 'what is the average sale price per acre in Tioga county when selling home? with and w/out OMG' in the group Tioga County, PA
"I don't know if anyone would be willing to pay what OMG rights could potentially be worth. And no one really knows, as Nate says. I'd keep the OMG rights. You might try to get some kind of non-surface agreement from Shell to protect any…"
Apr 16, 2011
Nate Labarge replied to Bungy Road's discussion 'what is the average sale price per acre in Tioga county when selling home? with and w/out OMG' in the group Tioga County, PA
"Hi Bungy, My two cents is this: There are a lot of unknowns about what is in the ground in Tioga County as far as GAS. But my guess is that over the years we will learn that there are at least 3 major gas plays in Tioga with the Marcellus being just…"
Apr 16, 2011
Bungy Road added a discussion to the group Tioga County, PA
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what is the average sale price per acre in Tioga county when selling home? with and w/out OMG

We are relocating to NC for job and we need to decide if we sell our house with or without OMG rights.  We are 40 acres of a 530 acre gas plot with Shell in Sullivan Township.  House value of $350K a few years ago.  What is a fair price for OMG rights,  and if you were me,  would you sell or keep them? thanks,Bungy RoadSee More
Apr 16, 2011
Bungy Road joined Keith Mauck (Site Publisher)'s group
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Bradford County, PA

All things pertaining to the Marcellus Shale play in Bradford County. Please join this group to participate. Promotion of minerals and services permitted.See More
Oct 24, 2010
Bungy Road joined Jonathan Peifer's group
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Tioga County, PA

All things pertaining to the Marcellus Shale in Tioga County.See More
Oct 13, 2010
Bungy Road updated their profile
Apr 5, 2010
Bungy Road is now a member of Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights
Jan 30, 2010

Profile Information

What is your role in the Marcellus?
Landowner
Why are you here?
Learning
Which state(s) are you following?
Pennsylvania

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