We have not signed a lease for our property yet. I have a question about leasing. What if you sign your Marcellus shale and your Utica shale to different companies, could the company that signed…Continue
Started this discussion. Last reply by FXEF Mar 15, 2011.
"We signed with Chevron for $3250 an acre, I do not think that is a lowball offer. Also the lease was not a "company lease", we also had a lawyer that specializes in the oil and gas industry look over the lease before we signed it. As…"
"Thanks Buddy! We are not near Frill's Corners and I do not know how that well went. All I know about that well is that our landman told us it was a test well. We contacted Chevron but they were leasing a lot of our neighbors. We are…"
"I know of a few of our neighbors and friends have gotten their bonus from Chevron, it was for $3250 an acre. We have been in contact with Chevron and should be receiving our bonus check within the next few weeks also $3250 an acre. We…"
"From my understanding the gas companies are no longer interested in leasing the large groups. There have been many landowners groups in the area that have not been able to get a lease. Also, we were told by an attorney that you want the lease…"
"We will not be signing with this group. The 3 1/2% they are charging is outrageous! The landowners group that we are in is charging less than $100 per landowner and is a very good lease with very good addendums."
"This is what was in the Clarion News last week:
"DEP issued a permit to Pennsylvania General Energy for the Ziegler 2527 well on Feb. 7. Drilling began on the site just off State Route 208 in the southern end of Washington Township a week…"
What 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 ]