Deborah Sherrod
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M. A.Hughes commented on Deborah Sherrod's blog post 'PetroEdge Energy and prospective leases in Harrison County, WV'
"I'm certainly sorry to have my previous comment take up so much space--I don't know why it jumped to such large size!"
May 18, 2012
M. A.Hughes commented on Deborah Sherrod's blog post 'PetroEdge Energy and prospective leases in Harrison County, WV'
"Deborah, we had a similiar situation with unpaid taxes on 8.78 acres we acquired in Braxton Co. as a result of a tax lien auction.  We initially thought we had only received title to the surface but then discovered a bonus--we also…"
May 18, 2012
JK commented on Deborah Sherrod's blog post 'PetroEdge Energy and prospective leases in Harrison County, WV'
"Deborah, If you didn't own the mineral rights then they wouldn't be contacting you at all. You must pay those past taxes as fast as you can!!!!! I understand from GMS that oil and gas NEED to be seperated in any lease and also you will…"
May 17, 2012
E. MACAY commented on Deborah Sherrod's blog post 'PetroEdge Energy and prospective leases in Harrison County, WV'
"Deborah, I have just sent you a friend invitation- perhaps I can answer your Harrison County questions.  You need to sort this out fast.  Come back to me and maybe we can speak.  E. M."
May 17, 2012
A blog post by Deborah Sherrod was featured

PetroEdge Energy and prospective leases in Harrison County, WV

Does anyone have any experience with them? I live in Wisconsin and on March 2nd I was contacted by one of the company's representatives because they want to drill in the Sardis district of Harrison County, WV and apparently, I own a small portion of the mineral rights of one of the properties.I received a copy of the proposed lease 2 weeks later and have concerns about it as well as the issue of past due property taxes I may owe.  I was told by the county assessor's office to request a copy of…See More
May 9, 2012
Kathleen commented on Deborah Sherrod's blog post '$1500/acre or $300/acre????'
"Ive seen this broken down like this in an alov lease. When we think of a bonus we think of that one time upfront payment but the oil co. can look at it as a per year per acre lease which for you would 300 per year for five years being paid upfront.…"
Apr 20, 2012
Finnbear commented on Deborah Sherrod's blog post '$1500/acre or $300/acre????'
"If it is a "Paid Up" lease then you get the whole $1500/acre, even if they drill the first year. There is no "Delay Rental" in the primary term of a "Paid Up" oil and gas lease."
Apr 20, 2012
Deborah Sherrod posted a blog post

$1500/acre or $300/acre????

PetroEdge prospective lease ... I was told their signing offer was $1500/acre and when I asked about the rental payment if they don't drill - I was told the $1500/acre price was for five year lease (paid up)- so basically it's $300/acre per year for five years... is that standard?  I've ready so many things about being sure the rental payment is in the lease, in case they don't drill... maybe I just wasn't understanding what I was reading, I don't know.  But no where have I read that $300/acre…See More
Apr 19, 2012
Deborah Sherrod posted a blog post

PetroEdge Energy and prospective leases in Harrison County, WV

Does anyone have any experience with them? I live in Wisconsin and on March 2nd I was contacted by one of the company's representatives because they want to drill in the Sardis district of Harrison County, WV and apparently, I own a small portion of the mineral rights of one of the properties.I received a copy of the proposed lease 2 weeks later and have concerns about it as well as the issue of past due property taxes I may owe.  I was told by the county assessor's office to request a copy of…See More
Apr 4, 2012

Profile Information

What is your role in the Marcellus?
Landowner
Why are you here?
Learning, Leasing Your Land
Which state(s) are you following?
West Virginia
Tell us your story...
I have absolutely no experience. I live in Wisconsin and was contacted recently by a representative from PetroEdge Energy regarding 81.89 acres, of which I apparently own a small %. They have sent me a lease and contacted me repeatedly about signing but I am not comfortable with it and I am searching for information.

Deborah Sherrod's Blog

$1500/acre or $300/acre????

PetroEdge prospective lease ... I was told their signing offer was $1500/acre and when I asked about the rental payment if they don't drill - I was told the $1500/acre price was for five year lease (paid up)- so basically it's $300/acre per year for five years... is that standard?  I've ready so many things about being sure the rental payment is in the lease, in case they don't drill... maybe I just wasn't understanding what I was reading, I don't know.  But no where have I read that…

Continue

Posted on April 19, 2012 at 1:44pm — 2 Comments

PetroEdge Energy and prospective leases in Harrison County, WV

Does anyone have any experience with them? 

I live in Wisconsin and on March 2nd I was contacted by one of the company's representatives because they want to drill in the Sardis district of Harrison County, WV and apparently, I own a small portion of the mineral rights of one of the properties.

I received a copy of the proposed lease 2 weeks later and have concerns about it as well as the issue of past due property taxes I may owe.  I was told by the county assessor's office to…

Continue

Posted on April 3, 2012 at 8:34pm — 4 Comments

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