Money Bags
  • Landowner

Money Bags's Friends

  • David Rontal
  • Chrisco

Money Bags's Groups

Money Bags's Discussions


Started Aug 4, 2016 0 Replies

My wife and I signed a pipeline agreement a little over 3 years ago it has expired according to our addendum. It says the" Grantee will file a release of the same."This is with a company called Ohio…Continue

Well head/ enhancement

Started this discussion. Last reply by Joseph-Ohio May 11, 2016. 4 Replies

Question??If your lease States your Royalties are a percentage of the product at the wellhead, how can they charge you enhancement charges after the fact? Just wonderingContinue


Started this discussion. Last reply by Cathy J Zimmerman Oct 27, 2015. 10 Replies

   My lease is with Gulfport, I received information that some of my property might be going into an Eclipse well unit. Does this void the renewel of my lease with Gulfport next fall. I know read my…Continue

Taxes, a few questions

Started this discussion. Last reply by Money Bags Dec 27, 2014. 4 Replies

 When you sell Mineral rights/Royalties is it treated like real estate? If so can you reinvest this money into like property to avoid paying taxes? and would you have to reinvest the entire amount?On…Continue

Gifts Received


Money Bags has not received any gifts yet

Give a Gift


Money Bags's Page

Profile Information

Introduce Yourself
My wife and I live in Sunsbury twp. we own 103 acres. In 2011 we signed a lease with Gulfport for 5000 per acre and 19% royalties. We also added our own stipulations that we felt we could live with. We did this on our own without the help of a land group. I told my neighbors "When the gas companies want to lease you, they'll send they'er own people out to lease you" and that is what they did in my area. Some of my neighbors listened to some of these groups and missed out. They'll be back, and yes the offer could be better or worse that's the chance you take.
I find it amusing that not one person, that signed leases years ago for 5 dollars an acre, cared what was in that lease!! Now when there is money on the table, we're cautious!!
What is your role?
Which state(s) are you following?
What shale plays do you follow?
Bakken, Marcellus, Utica

Money Bags's Photos

Comment Wall

You need to be a member of to add comments!


  • No comments yet!

© 2018   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service