PHILIP ANGELO's Page

"I just got off the phone with Chesapeake. They told me it takes about 6 month from the time the well starts producing to gather all the production info and all the cost of the production. Then you will get a check every month there after."

"What would be considered a good producing well mmcf per day ?"

"After thinking about this, I come to the conclusion that the Gas companies are creating "The market". As a lease holder ready to receive royalties this is what I believe . The gas company takes all my gas @ 2.50 sells it to a company…"

"If they have been online for 180 days YES......."

"O.k I have 60 acres in a 775 acre unit, 4 wells drilled . The 4 wells are already drilled and on the DEP production list with no production yet . I have yet to be contacted from chk to this point. All the info I research myself, Should I have been…"

"Thank You very much you have answered  my question."

"Yes to the first part.     From the DEP site : "

" There were 4 well permits taken out 12/01/10  does this mean that all 4 wells should be drilled by now or the permits expires? I know at least one well has been drilled.What  I realy want to know if they will all be coming on…"

" They don't have to drill, but if they go too long they would have to re-apply for a permit."

"Thank you. Although I'm in Bradford county and the map is very helpful I have friends in Tioga that asked."

"Wayne is there a map like this for Tioga County?"