Susan Johnson
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Anyone have problems with old outdated leases tying up their property?
7 Replies

We have about 900 acres that are tied up with leases on 4 different wells.  These leases date back to the 1960's to 1970's even back to 1915.    The wells have not been producing a great deal for…Continue

Started this discussion. Last reply by Jim Litwinowicz Aug 19, 2011.

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Latest Activity

Susan Johnson replied to randall james dye's discussion 'title defect' in the group Trumbull County, OH
"It is a tough situation.  Mortgage companies/banks are taking quite a hard stance on allowing drilling on mortgage property.  In some cases as soon as they hear the word fracking, they make it nearly impossible to get approval.  If…"
Dec 4, 2012
Susan Johnson replied to Robert Bond's discussion 'Are things really this quiet here?' in the group Trumbull County, OH
"You know how rumours go.  You here all kinds of things!  If you looked at a map of Trumbull  County, what are the chances of any wells going in farther west, say between Route 45 and Route 534.  It seems like all the discussion…"
Nov 3, 2012
Susan Johnson replied to Robert Bond's discussion 'Are things really this quiet here?' in the group Trumbull County, OH
"I recently heard that  actual drilling may not take place in western Trumbull County, i.e. Mespo.  According to the "rumor," some seismic testing has indicated that the possibilities for deep drilling are not as good as…"
Nov 2, 2012
Susan Johnson replied to Keith Mauck (Site Publisher)'s discussion 'Thank you / GMS Site Redesign/ Radio Interview Tomorrow'
"I think that the chance to listen to an actual discussion on the radio is great.  I think the more of these types of opportunities to educate all of us on Marcellus plays is great."
Oct 19, 2012
Susan Johnson replied to Robert Bond's discussion 'Halcon buying deep rights from NCL' in the group Trumbull County, OH
"These old leases - who would Halcon "renegotiate" with?  Would, I as a landowner, with those shallow wells be a part of that or is this a case of Halcon negotiating with a company like Enervest (who has our shallow wells in…"
Jul 20, 2012
Susan Johnson commented on Finnbear's group 'Ashtabula County, OH'
"Did the seismic lines run from Route 87 and 534 North to the Lake?"
Jul 20, 2012
Susan Johnson replied to Keith Mauck (Site Publisher)'s discussion 'Membership Moratorium'
"Could this site do any online seminars or webcasts about the leasing process or a panel discussion on whats happening in our various counties.  The posting of messages is helpful but I think a webinar discussion that devotes some serious time…"
Jul 16, 2012
Susan Johnson replied to Ron Eiselstein's discussion '"Trumbull's ALOV gets $3900/17.5% from BP"'
"Thanks for the information.  I totally get the idea rumors are out there.  I was curious if I was the only one that heard the rumors.  "
Apr 11, 2012
Susan Johnson replied to Ron Eiselstein's discussion '"Trumbull's ALOV gets $3900/17.5% from BP"'
"I have heard something similar that essentially BP can take what they want and leave the rest.  Essentially they can prioritize and cherry pick.  I am not sure if it is true or not but it seems there are some similar stories out there."
Apr 11, 2012
Susan Johnson commented on Finnbear's group 'Ashtabula County, OH'
"Agreed - everyone should work with an experienced attorney.  My only point is that people with large amounts of property should not assume because there is one well on their property that all acres are HBP.  In some cases with multiple…"
Apr 4, 2012
Susan Johnson commented on Finnbear's group 'Ashtabula County, OH'
"Saying that if there is a lease on the property renders someone ineligible, I am not sure that is entirely accurate.  In many cases, large landowners have old leases that over time, have had the acres held by production reduced to roughly 40…"
Apr 4, 2012
Susan Johnson commented on Finnbear's group 'Ashtabula County, OH'
"On NELA leases - does everyone in the group get the bonus or does the driller get to cherry pick what they want. For example, if the NELA group has collected 20,000 acres does every landowner get accepted and paid?  If some have title issues do…"
Apr 4, 2012
Susan Johnson replied to Ron Eiselstein's discussion '"Trumbull's ALOV gets $3900/17.5% from BP"'
"My understanding is that 75% of the over 80K acres ALOV will have signed with BP have to have clear title or BP can walk away.  If I am understanding correctly, if there is enough property in the group that does not have clear title, then the…"
Apr 3, 2012
Susan Johnson commented on Finnbear's group 'Ashtabula County, OH'
"I don't have hard evidence, you know how rumors are on this site.  I get your point about the time frame for ALOV to get paid this time around.  I guess I am just thinking that not everyone that signed with Wishgard prior is naive or…"
Mar 30, 2012
Susan Johnson commented on Finnbear's group 'Ashtabula County, OH'
"What is the reason that this time around, ALOVE needs more time to pay bonues - I thought I saw October, 2012.  That is about 7 months away.  Did it take that long with their first group.  Am I under the wrong impression that not…"
Mar 30, 2012
Susan Johnson commented on Finnbear's group 'Ashtabula County, OH'
"Have all participants in ALOV's first group gotten paid?"
Mar 30, 2012

Profile Information

What is your role in the Marcellus?
Landowner
Why are you here?
Networking, Leasing Your Land, Business Opportunities
Which state(s) are you following?
Ohio
What shale plays do you follow?
Marcellus, Utica

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