"Yep...I actually had a Black Ridge visit and lease given to me. They're working with Beusa Energy (or something like that!)... "
All things pertaining to the Marcellus & Utica Shale
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Ed Ganelli
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- Orwell, OH
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Ed Ganelli's Groups
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Ashtabula County, OH
117 members
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Landowners Xchange
80 members
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Trumbull County, OH
174 members
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Ohio Landowners
569 members
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Ed Ganelli replied to Louis's discussion 'BlackRidge?' in the group Ashtabula County, OH"5 with a 5 year renewal option for a total of a 10 year primary term..."
LandownerJoseph-Ohio replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH
"Saw a sample BlackRidge Lease.
Looks as good as ALOV's.
From what I've read, they seem to be concentrating on only Southern Ashtabula County now; between 46 and 193 and South of 6.
I'd like to know / hear / read about how many acres…"
Dan replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH"Talked to a guy from Colebrook and a landman dropped a lease off, $4000 and 18%. I thought it was Black Ridge."
Fang replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH"Anything new on these two companies ?"
Michael Temple replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH"Not exactly true...Per May 16th article in Ashtabula Star Beacon, Enervest has drilled a test well that is doing core sampling...While not a production well, per se, it is an exploratory well which could reveal pivotal data on the properties of the…"
Oil/Gas ProJimmy replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH
"Fokes, Go to the Ohio DNR website and you will see that no Utica wells have been permitted in Ashtabula County let alone drilled. The only activity is by companies that are drilling shallow wells and by companies that are looking to flip leases."
john p halloran replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH"Dan,I like that rumor,I check on Hayes Orangeville road every week,nothing happening yet,just surveyor stakes and dead vegetation. That sight is about 12 miles south of me.I'm in williamsfield.I'm anxious to see how that one come in !!!"
Dan replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH"Might be the smaller guys are worried BP will invade Ashtabula county. Or they plan on flipping the new leases to PB or even EnerVest. Rumor has it the 3D testing EnerVest did showed large oil reserves. Until some one actually gets a well…"
Michael Temple replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH"Are there rumors/stories of initial flow rates from any Ashtabula test wells that may have caused this new upsurge in leasing activity and prices? Or, is this new price level being established as a continuation of the BP landmark price in…"
Dan replied to Ed Ganelli's discussion 'Anyone know anything about a company called MattMark?' in the group Ashtabula County, OH"Probably how this leasing goes, some are happy with any offer , some want a fair offer and some want the top offer. I don't think there is a right or wrong offer It's whats best for you at this point in time. Each of us has a dollar amount…"
Brad replied to Ed Ganelli's discussion 'Anyone know anything about a company called MattMark?' in the group Ashtabula County, OH"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…"
Bill Simpson replied to Ed Ganelli's discussion 'Anyone know anything about a company called MattMark?' in the group Ashtabula County, OH"Do you know if Buckeye Mineral is involved with any of these companies? I am hearing of smaller companies like the ones in this forum working the area but nothing from Buckeye Mineral about where they headed right now. Wishgard is still pounding the…"
Ed Ganelli replied to Ed Ganelli's discussion 'Anyone know anything about a company called MattMark?' in the group Ashtabula County, OH"Yeah, Terry...Wishgard has been covered MANY times throughout this site - about as bad a company as anyone could even consider signing with!
Michael...right now I know of 2 more companies in my area trying hard to lease - Black Ridge and…"
LandownerTerry Berkley replied to Ed Ganelli's discussion 'Anyone know anything about a company called MattMark?' in the group Ashtabula County, OH
"I just got a lease contract from Wishgard..lots of blank spaces and only $1 for the first five years of the lease! Oh yeah, the bonus information is on page 8 ( no page number however), which is not part of the 7…"
Ed Ganelli replied to Ed Ganelli's discussion 'Black Ridge already signing in our area...now a company called Braxton also has signed acreage...' in the group Ashtabula County, OH"Yes, Micheal...and from what I was told, the lease is about the same as the Trumbull/ALOV lease..."
Profile Information
- What is your role in the Marcellus?
- Landowner
- Why are you here?
- Learning, Leasing Your Land
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Marcellus, Utica
- Tell us your story...
- None in the Marcellus, but there's been much talk in my area regarding the Utica.
Comment Wall (6 comments)
- At 12:56pm on January 16, 2012,
Tom said…
Hey I think we agree! LOL
- At 12:45pm on January 16, 2012,
Ed, Nate says he is a landman for O&G company now that new shallow drilling cant be profitable as they can't lease $5 & 10 an acre anymore, and he says the O&G company has agreed to it!
I personally don't know if we get it will let you know, Our atty says its also a good negotiating tool if they won't seperate as it has value & can increase the price or help keep other issues we want in the lease
- At 11:58am on January 16, 2012,
Permalink Reply by Nate on Oh Bill,
You're so fired up and yet it's over misconceptions and a lack of facts. I've leased thousands of acres and have paid the market price the whole way. $3200 in t-county as to date. And just over a year ago it was just starting to move from the $10/acre per year that it has been at for the last decade. But you already knew that.
Now if I worked for the sacred CHK who over half this site leased with they would leased everything from the grass to the center of the Earth. However, most leases I was able to leave the producer their Clinton rights if they had enough land do do anything with it (40 or more).
Thank you for re-posting some of my comments to prove my consistency. I've never said anything on this site that I do not believe in or do. And regarding my dogging on lawyers, with this site you have more than enough info to save yourself plenty of money.
- At 11:53am on January 16, 2012,
Ed posted more in Ashtabula & a link, still looking for Nates, but this gives you a pretty good indication, We actually had the addendum to reserve the Shallow rights in our lease that is thru Lensman & associates (Attoorneys that agree it can be done) we will see? hope not overloading you?
- At 10:40am on January 16, 2012,
Ed did that anwer you question? I hav the original docs from recorder of deeds on the sale but not the Beck lease, As I said I read my neighbors & the bottom line in my mind beck preety much could do whatever he wanted with their land & minerals, for $10 per acre per year!
- At 2:35pm on July 12, 2011,
LandownerKeith Mauck (Site Publisher) said… - I wanted to officially welcome you to the site! GoMarcellusShale.com isn't just a website - it's a network with tools that allow us to fully share our experiences in the Marcellus. Please be sure to fully check the site out. Be sure to note the following:
1. County Groups - Here you can connect with others in your neck of the woods.
2. Discussion Forum - Here you can take part in general discussions on the play.
3. Photos - Get a feel for the play with member generated photos and upload your own.
4. Videos - Check these out
5. Mineral Lease Offers - Track recent offers or add an offer to our excel spreadsheet.
6. Blogs - Add a blog and let us know what you think or share some of your expertise.
Great to have you on board and I hope this is a place you can jump right in and contribute. Have fun "shaling."
best,
Keith Mauck
Site Publisher
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