"Janice - I've said this before, but will say it again, I am tryiing to let people know that it IS possible to get a very good "deal" without using a "third party" taking 5% or more. Please note I refrained from using the…"
"deron - I agree that one shouldn't sign without a good lease, however, It appears that I am not in the same financial situation as you are. 5,300 and 20% is a heck of a lot of money too me. In my case, the bonus alone would be a tad over one…"
"Jim- What is your deal with CX? Commission? Daily/Hourly Fee? Percentage? Are you a landman?
In your last post you keep claiming how much experience CX has in the business, however, my research indicates they have only been in the business of…"
"David - I'm curious as to how the NWPA is structured. Do you have a broker, marketer or middleman involved or are you guys doing it on your own? If you're doing it on your own, congrats!! Someone is finally realizing that a group can form…"
"Billy - Dont you believe that one can "hold out" to long? I do, and I also believe that this is usally caused by greed. I agree with Marcus. If you feel comfortable with the lease, sign it! Don't worry about "getting top…"
"Janice -My definition of a "flipper" is an individual or company that plays the role of "middleman" by convincing landowers they are "needed" in order for them to get a fair and resonalble lease. All I am trying…"
"Rex.............if you are referring to CX as a "professional company" ..please give me a break............they are pure and simple middlemen flippers who bring nothing unique or substantial to being able to market acreage. They print…"
"Personally, I think the "greed" factor has taken over many and, some landowners will wait to long and end up backed in a corner and either have to sign or, be left out of a unit. If you're an "island" you've lost all…"
I have been to a couple of cx's meetings and, I can tell you they have done a horrible job on their 4 County Land Group. Not only are they "flippers" they are very poor flippers. They got lucky once and sold a package that was…"
"CO-X is hardly a "BIG GUN"! They are flippers that can't flip the 4 County acreage because of many factors. The main factor is GEOLOGY and the very low price of natural gas. CO-X continues to try to "tie-up" landowners by…"
"gary - your comment that "we in crawford are sure that the wet is here" may be premature. It's my understanding that, at this time, there is very little data to support the claim that the wet gas blankets all of Crawford. Granted,…"
"Jim - As I mentioned previously, I agree that size does make a difference and would also agree that 15,000 acres is a good number to attract attention from good companies, however, I also believe that once you aggregate a group of more than 25,000,…"
I thought that I was his only friend at Titusville...It was all the rest of the staff that abused him....Especially the geologists and engineers.... :-)
Good to hear from you !!!! I'm still dabbling in the oil and gas scene a little...something about "mud on your boots", etc.....
I wanted to officially welcome you to the site! GoMarcellusShale.com isn't just a website - it's a network with tools that allow us to fully share our experiences in the Marcellus. Please be sure to fully check the site out. Be sure to note the following:
1. County Groups - Here you can connect with others in your neck of the woods.
2. Discussion Forum - Here you can take part in general discussions on the play.
3. Photos - Get a feel for the play with member generated photos and upload your own.
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 ]