Tim R
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Latest Activity

Tim R replied to Ron Eiselstein's discussion '"Halcon"'
"Halcon was nowhere around, at least at the meetings I was at.  They never represented anything to anyone as far as I can tell.  But what happens when the lawyer/broker representing you violates his fiduciary responsibility and verbally…"
Sep 18, 2012
Elnathan Cory and Tim R are now friends
Sep 15, 2012
Tim R replied to Elnathan Cory's discussion 'CX-Energy and Halcon are liars!!!!!'
"If Jim was so uninformed he should not have been promoting himself as knowledgeable.  I got into arguments on here when I tried to explain the SAME weakness in the Hilcorp lease CX was peddling.  On 5/4/12 on this forum here is what I…"
Sep 14, 2012
Tim R replied to Elnathan Cory's discussion 'CX-Energy and Halcon are liars!!!!!'
""Thees guys are not new to the oil patch" - obviously, as many just found out. I said anyone can research Halcon's principals, which I did.  In fact I discussed Halcon and Floyd Wilson at length with some long time producers in…"
Sep 13, 2012
Tim R replied to Elnathan Cory's discussion 'CX-Energy and Halcon are liars!!!!!'
"I can only speak for myself on this issue.  I went to the CX/Hilcorp meetings last year and the Western/Hilcorp meetings.  I thought the money and percent was ok but the terms were poor and didn't sign.  The two hilcorp leases…"
Sep 13, 2012
Samuel J. Orr left a comment for Tim R
"Tim: Will appreciate the info. Sorry I did not see your friend request sooner. I live in SC but used to live in Mercer County Pa. Have 237 acres of as yet unleased land in French Creek Twp. Venango County, Pa just up over the hill from Utica, a…"
May 6, 2012
Tim R replied to Tracy's discussion 'Really disappointed about signing with M&P lawyers and Co-exprise!'
"Western Land services was using the term "Hilcorp Direct" i.e. they were retained by and paid by Hilcorp to sign up leases, NO commission or fees to the landowner.  If Co-x negotiated with Hilcorp for Tracy's lease and she is…"
May 4, 2012
Tim R replied to Tracy's discussion 'Really disappointed about signing with M&P lawyers and Co-exprise!'
"This information was readily available.  The Friendsville lease I believe is 2 1/2 years old.  Those people put together one hell of a group, I give them credit.  Even though ALOV has been criticized they got a way better lease from…"
Apr 23, 2012
Tim R replied to Tracy's discussion 'Really disappointed about signing with M&P lawyers and Co-exprise!'
"You can just Google them.  But below are links. http://www.alov.us/ http://www.thefriendsvillegroup.org/lease.pdf Study theses two leases VERY CLOSELY and then look at what was offered by the "landowner group" (and I use that term…"
Apr 22, 2012
Tim R replied to Tracy's discussion 'Really disappointed about signing with M&P lawyers and Co-exprise!'
"I'm confused.  M&P and Co-x took the standard Hilcorp lease, word for word and changed/added a few addenda.  I have copies of both.  Hilcorp was more than happy to have you sign direct with them.  So why pay the…"
Apr 20, 2012
Tim R replied to Tim U's discussion 'Mercer County'
"As far as I know Western Land Services was retained by and represents Hilcorp.   Hilcorp is the only outfit that I know of that was leasing in Mercer county.  If there are others I'd like to know."
Mar 8, 2012
Tim R replied to Lance Nimmo's discussion 'HilCorp Pulling Out'
"My neighbor just called and they told him they were not leasing any more. Not hard to figure out who it is, the usual suspects. Google search "mercercountygaslease.com" it was the seventh one down for me. What cracks me up is that the…"
Mar 2, 2012
Tim R replied to JRA's discussion 'Hilcorp updates??'
"Chill out dude.  These are ligitimate issues.  I'm not against oil companies, I've got friends in the O&G business.  I'd even sign a lease and let them compress on my property.  But legal contracts are…"
Jan 31, 2012
Tim R replied to JRA's discussion 'Hilcorp updates??'
"These are the standard Hilcorp and Co-x leases going around.  Many of my neighbors signed, so no numbers for me.  They weren't concerned because most of them had no idea what they were signing, all they knew was they were getting 3K…"
Jan 31, 2012
Tim R replied to JRA's discussion 'Hilcorp updates??'
"I'm looking at the Co-x agreement and here is what it says in section 2. 3. "....Owner shall pay a transaction fee through the Lease agreement with the successful Bidder, in an amount equal to 5% multiplied by the gross up front and…"
Jan 31, 2012
Tim R replied to JRA's discussion 'Hilcorp updates??'
"I've been to both Hilcorp and Co-x events.  Hilcorp's event was through their direct representative Western Land Services.  I have seen neighbors leases that they signed.  They were the same as the ones I was offered. …"
Jan 31, 2012

Profile Information

What is your role in the Marcellus?
Landowner
Why are you here?
Networking, Learning, Leasing Your Land, Selling Royalties
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Utica
Tell us your story...
None

Comment Wall (1 comment)

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At 5:39am on May 6, 2012, Samuel J. Orr said…

Tim: Will appreciate the info. Sorry I did not see your friend request sooner. I live in SC but used to live in Mercer County Pa. Have 237 acres of as yet unleased land in French Creek Twp. Venango County, Pa just up over the hill from Utica, a little town on French Creek. French Creek flows into Allegheny River a few miles downstream at Franklin, Pa.

 
 
 

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