"Chris, What part of Allegheny Twp.? I have 7+ acres near Six Points and have never been contacted. Not sure if my plot is too small. Any insight or info would be great. Thanks"
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Chris Catalfano
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Rumors??
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Heard a rumor today that Marcellus Shale might be pulling out of Pa due to lack of gas. Does anybody know of any truth to this rumor? if so, please post! I hope that they are here for many years to…Continue
Started this discussion. Last reply by NY Gas Rights Sep 2, 2012.
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Cal S replied to Chris Catalfano's discussion 'Need Replies' in the group Butler County, PA"Elexco are land agents for EdgeMarc Energy. Hope this helps."
lucky replied to Chris Catalfano's discussion 'Need Replies' in the group Butler County, PA"They are a land services company providing 3rd party representation for someone, in that area it is most likely Chevron or EdgeMarc."
Archer Man replied to Chris Catalfano's discussion 'Need Replies' in the group Butler County, PA"I do not know anything about Elexco, but I heard of them via a podcast from a court case a few years back.
Bottom line talk to your neighbors and get a good attorney to guide you through the leasing process.
This site can be a very…"
Chris Catalfano replied to Chris Catalfano's discussion 'Need Replies' in the group Butler County, PA"I'm in Allegheny Twp in Northern Butler County. He offered 3000 acre and 15% royalty
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tom a si replied to Chris Catalfano's discussion 'Need Replies' in the group Butler County, PA"not yet, what area are you in, what was the numbers he gave you, ($)."
Chris Catalfano added a discussion to the group Butler County, PA
Need Replies
Hi Members, I had a suprise visit from a land agent today looking to lease my property. Has anyone heard of Elexco Ltd, and if so could u please pass on some information to me regarding the reputation of this company. Thank u, Chris See More
Chris Catalfano added a discussion to the group Butler County, PAneed some info please!
Does anyone know if they are still leasing in the Allegheny Twp area, northeast Butler County? Any information would be great!See More
NY Gas Rights replied to Chris Catalfano's discussion 'Rumors??'"Royalties are spread out since you only earn them monthly and owe tax on them annually. There is no way possible to believe that a royalty income thatmight be earned over 2-3 decades could be "spread". If you meant "bonus", you…"
Mud replied to Chris Catalfano's discussion 'Rumors??'"If the Marcellus Shale pulls out something has gone horribly wrong. :)
Yeah, dry gas prices aren't so good compared to oil and wet gas so a lot of the drilling is headed west. But you have to remember that the gas companies don't act as a…"
JR replied to Chris Catalfano's discussion 'Rumors??'"Note the first bullet point paragraph in this article.
http://www.bizjournals.com/columbus/news/2012/08/30/fed-reports-modest-economic-growth-for.html"
"Marcellus Shale can't pull out of PA because that is the formation of shale that is being drilled for gas. A lot of the companies are moving towards western PA and/or eastern OH due to the Utica and Marcellus being "wet" whereas the…"
"be very careful when negotiating a top lease for an O&G lease. There are a lot of pitfalls associated with these due to the sometimes fluid expiration terms"
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- Marcellus
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AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
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