I own property near Lopez, PA bordered by White Ash Land Association. Does anyone know a contact name and phone number of an individual at White Ash that I could talk to about their mineral rights contracting activity? Currently, GeoKinetics wants to perform a seismic survey of my property and O&G companies are starting to call. Thanks.
"Ask your neighbors-Don't be shy. If there are others who have not leased, get a pact going…work together to get a bigger parcel for higher % and more $.
Yes, for the lawyer. Split the lawyer fee among all in the…"
"You are off to a good start by gathering information and asking questions. One suggestion I would make is to seek out good business advice and seek to find out how companies plan to operate under your lease. It is really important to…"
"You definitely need a lawyer. Go on line to see the Friendsville lease, it encompasses every clause you will need to protect yourself. The latest lease amounts have been around $5,850 to $5,000 per acre with some royalties running…"
I own 20 acres near Lopez, PA and have been approached by several O&G companies for the rights to my land. I am a novice at this, have numerous questions and am looking for some guidance.What is a reasonable price I should expect per acre?What is a reasonable % I should seek?What contract conditions do I need to be wary of and avoid?What favorable contract conditions could I reasonably expect to include?Do I need a lawyer and where do I find one knowlegable in this field?Is there a listing…See More
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 ]