"Thank you very much Randy. I appreciate your time."
Kathy R's Discussions
When Your Lease Ends, Then What?
Started this discussion. Last reply by jason irvine Mar 12, 2018. 8 Replies 0 Likes
We are in Monroe Twp, and had signed a 5 year lease with Chesapeake back in 2010. My husband and I are wondering what happened when the 5 years was up. Is there something we need to file to get…Continue
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Kathy R replied to Kathy R's discussion 'Any Info on DPS Land Services?' in the group Harrison County, OHKathy R replied to Kathy R's discussion 'Any Info on DPS Land Services?' in the group Harrison County, OH"Thank you very much. I believe they want 5 years. I appreciate your answer."
Randy replied to Kathy R's discussion 'Any Info on DPS Land Services?' in the group Harrison County, OH"Kathy R,
A few years ago, I used KWGD attorney Wayne Boyer to handle my lease. He did a very good job of covering the critical issues, some of which Frank mentioned. I wouldn't recommend going at this without a qualified O&G…"
Frank J Moll replied to Kathy R's discussion 'Any Info on DPS Land Services?' in the group Harrison County, OH"EAP has been paying 1,000 per acre per year on the lease so if they are looking for a 2 year lease you should get $2,000 per acre and also push for 16 or 17% as they have been agreeing to that as well. Make sure you have the no cost royalty…"
Kathy R added a discussion to the group Harrison County, OHAny Info on DPS Land Services?
Our neighbor was contacted by DPS Land Services and offered "$1500 per net mineral acre" plus 15% royalty. The letter says they are "working on behalf of EAP Ohio, LLC." He asked us what we thought and we have no clue but I told him I would post here.Can anyone tell me if he should accept, considering none of us around here have heard anything from anyone for years, or is this too low? And why would they contact him out of the blue? We are in Monroe Township. Thank you!See More
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- Introduce Yourself
- We have 15 acres. I'm just curious as to what we might expect.
- What is your role?
- Landowner
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Utica
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