Jed Clampett
  • Male
  • Corry, PA
  • United States
  • Landowner

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Positive news for the Shell Cracker in PA

Started this discussion. Last reply by Joseph-Ohio Jul 1, 2015. 36 Replies

A couple of positive steps for the cracker.Land purchase as CLOSED they own the Horsehead land PLUS additional land:…Continue

Shell Buying and addition to REX deal

Started Aug 14, 2014 0 Replies

"The energy giant announced Thursday that it is selling drilling rights to mature gas producing areas in Wyoming and Louisiana in separate deals in exchange for $2.1 billion in cash and 155,000 acres…Continue

Tags: Tioga, Potter, PA, Shell

Freeport-McMoRan sold its entire portfolio of Eagle Ford Shale assets

Started this discussion. Last reply by 0i7okn54zwbdo May 8, 2014. 1 Reply

Looks like the Utica is not the only shale play companies are running away from...…Continue

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At 11:27am on April 26, 2013, uncle sye said…

Hello Jed, and thanks for the reply. That was the same theory that I had, but I wanted to see what others thought of this. Not sure how true this is, but I was told a test well will be drilled sometime in 2014 not far from Blue Eye Road and Baker Hill/ Ridge Road area. Again, not sure how truthful it is, but that is what what said. I figure with 50 acres, they can';t just pass me up and leave me out or go around, they will sign us eventually. I wasnt so concerned with the ammount of the bonus money, but the lack of good "language" in the lease. Don't get me wrong, I would like to get more than 1500/acre and 15% royalties, but the language in the lease needs to be a little better in my opinion. Pugh Clause, no deductions, pipelies, etc...

Jed, what do you think of the people trying to market the land in Columbus Twp...Rapid Realty I believe is their name, sounds like a bad deal to me..they get a hefty part of your bonus and I believe any royalties over 15%. I wont be signing up..


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