Carol M.
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Mr. Bluebird and Carol M. are now friends
Oct 5, 2011
Carol M. replied to mark patrick's discussion 'ROYALTY EXPECTATIONS'
"Mark, I am receiving payments in Washington County and a couple of other locations.  I own properties in 14 different locations in Western Pa.  I also own property in Union Township, Washington County that will soon will be…"
Jul 25, 2011
Carol M. commented on Brett R Oxley's blog post 'How can you ensure you are getting paid fairly for your wells production?'
"You can hire a professonial to audit your royalty checks."
Jul 25, 2011
Carol M. replied to E. Progar's discussion 'New lease offer' in the group Washington County, PA
"There is a landowners Town Meeting at Trax Farms this Sunday at 1:00 pm.  This will be a great place to talk to other landowners in Washington County since Chesapeake just drilled a well there."
Feb 2, 2011
Carol M. replied to Karl Anderson's discussion 'Marcellus Activity in Forest County' in the group Elk County, PA
"Marcellus is very hot in Forest County.  I have some maps if you want copies."
Feb 2, 2011
Carol M. replied to Quincy Spitzer's discussion 'OIL In Wellsboro ??'
"For most people it will not make a difference on the signing bonus since they already have leased, if the rumours are true. Nevertheless, on the royalty side it will be sweet crude.  "
Feb 2, 2011
Carol M. replied to E. Progar's discussion 'New lease offer' in the group Washington County, PA
"Yes.  My property is close to Trax farms.  Your offer is low."
Jan 23, 2011
Carol M. commented on sue a warner's blog post 'Fracking Moratorium till may of 2011!'
"Don't worry, in a few years they will be able to horizontally drill NY from Pa.  They can run a horitiztal drill over two miles now.  In maybe in 10 years from now they will be able to drill 50 miles.  However, I am not sure if…"
Jan 1, 2011
Carol M. left a comment for Linda Hindle
"There are plenty of companies and people who will buy your OGM rights.  I can provide you with a list of them."
Dec 28, 2010
Carol M. replied to gasoholic's discussion 'VIDEO: $20,000 PER ACRE LEASE............LET THE PLAY DEVELOP'
"If the Mainland Resources' CEO knows so much than why has he not bought leases in the Marcellus Shale?  Marcellus Shale "Southwestern Pa" has the lowest breakeven point of any Shale Play in the United…"
Dec 28, 2010
Carol M. replied to Craig T. Pistner's discussion 'Leasing in Elk Couty' in the group Elk County, PA
"Mark,   How much are you receiving a month? Is your well located near St Marys?  I heard a well in Elk County was the best in the state.  Is it yours?  Did you retire with all the royalties you are receiving?  Should I sell…"
Dec 21, 2010
Carol M. replied to Keith Mauck (Site Publisher)'s discussion 'Recent Offers in the Marcellus Shale'
"Joe,   Why are people against gas drilling when it's replacing coal as our primary electric generation fuel?  Does coal mining cause more harm to our water and forest in PA than gas drilling?  Did you lease your…"
Dec 14, 2010
Robin Fehrenbach Scala replied to Carol M.'s discussion '“Marcellus is going to make me a millionaire, but maybe not?”'
"Seems like Mr. Rosen does not want to actually debate this issue. For some reason it is not even possible to answer his posts. Sounds like the standard NIMBY or anti approach, declare catastrophe with no fact...just to confuse the situation and get…"
Dec 10, 2010
Joe Smith replied to Carol M.'s discussion '“Marcellus is going to make me a millionaire, but maybe not?”'
"Water can not be tested again since it was dumped from a truck on public roads to be disposed of for whatever reason.  Companies have big lawyers and turn the table on the poor people.  I have to go to court to defend myself as to…"
Dec 10, 2010
Oil and Gas nightmare replied to Carol M.'s discussion '“Marcellus is going to make me a millionaire, but maybe not?”'
"only one thing here I want to say...you havent seen houses or 401ks go down..my God the housing market is terrible adn it affects evryone.  my sister had a house that was worth $400,000.00 2 years ago and the bank sold it for $189,000.00 and…"
Dec 10, 2010
Joe Smith replied to Carol M.'s discussion '“Marcellus is going to make me a millionaire, but maybe not?”'
" Water contamination evidence?  No, only a eyewittness account and water sample that when tested came up radioactive, but I am a nobody and they said we contaminated the water sample and it was not duel tested, thus, no good as…"
Dec 10, 2010

Profile Information

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

Comment Wall (4 comments)

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At 10:19am on December 16, 2010, paul d. clouser, esquire said…

Carol, sounds like you want to hold on to your rights, which is fine.  Suggest you follow the advice of some of the other posts, and either sell off a small portion of your land, holding on to the larger acreage, or wait for some higher offers, perhaps after the companies begin posting production numbers.  Good luck!  P

At 2:19pm on December 15, 2010, paul d. clouser, esquire said…

Carol, the offer I would consider making (subject to mineral/title search) is about $200 per acre for a 50% interest of future royalties on 133 acres, for a total of $26,600.  Sorry if you misunderstood.

At 6:34pm on December 14, 2010, paul d. clouser, esquire said…

Carol, it would probably be worth something in the $15K to $25K range, to me, for a 50% interest in the mineral/gas rights, assuming that there are no liens on the property (i.e. mortgage, etc.).

At 8:46am on December 11, 2010, paul d. clouser, esquire said…

Carol, it would depend on your existing lease terms and where your property is located.  Did you sign with Chief?  Primary term of 5 or 10 years?  Royalty %?  Does your lease allow for deductions, to make the gas marketable, or is the royalty payment "without deductions"?  Are you allowing surface activity on your property, or is it strictly subsurface?  And lastly, where precisely is your land?  Thanks.  P 

 
 
 

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