daniel cohen
  • Landowner
Share Twitter

Daniel cohen's Friends

  • Greg Ricks
  • Carolyn
  • Keith Mauck (Site Publisher)

daniel cohen's Groups

daniel cohen's Discussions

DEDUCTIONS-ARE THEY LEGITIMATE?
4 Replies

I am dealing with 4 separate O/G companies with partial interests in the same well.The original drilling company was/is CHK, who later sold out partial interests to 3 others. 2 of the companies…Continue

Tags: Landowner, Oversight?, cheating, by, companies?

Started this discussion. Last reply by daniel cohen Mar 11.

WHO CHECKS THE ACCURACY OF THE REPORTED WELL OUTPUT?
11 Replies

No matter where your well is located, one's royalties are calculated on the basis of gross value minus the costs. I understand that-but what I have a hard time wrapping my head around is who checks…Continue

Started this discussion. Last reply by daniel cohen Sep 5, 2012.

ACCOUNTING QUESTIONS AND ISSUES

ACCOUNTING QUESTIONS AND ISSUESI have been receiving several conflicting bits of advice, all from professionals regarding certain accounting issues. Time now to do the legwork to try to unravel the…Continue

Tags: formation, LLC, questions, Accounting

Started Jun 10, 2011

Gifts Received

Gift

daniel cohen has not received any gifts yet

Give a Gift

 

daniel cohen's Page

Latest Activity

daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
"Dear FFF, Your response intrigues me.If I understand your position, and it is possible that I do not, you are stating that the O/G companies are in a constant state of improvement, that they work to improve their environmental standards and that…"
May 23
daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
"Dear FFF, We can agree that I assume the 'other side is reasonable'. There ought not to be an "other side" though, if what we are trying to get to is the truth of the issue/situation. I personally don't believe that shale…"
May 23
daniel cohen replied to Ron Eiselstein's discussion '"United Shaleowners Association (USA)"'
"Bob, you speak wisely. Your  #1-4 suggestions are right on the mark. Count me in for any class action battle ahead. Dan"
May 23
daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
"FD, There are a number of scary stories out there involving water contamination by gas leakage. Partial efforts to moderate/eliminate the culprits are also reported. If one has a doubt about the environmental impact, perhaps the following headers…"
May 22
daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
"Good points all FFF, Your response is exactly the way to do it-to present the facts to back up one's position rather than to castigate/blame/shun. I would encourage you to post those observations where it might make a real impression-on the…"
May 21
daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
"Marcus, You do yourself a disservice by thinking that you need not correct misinformation if the original false leads were not of your personal doing. You have an opinion, and I'm assuming that you are a serious man who has come to a particular…"
May 21
daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
" Marcus, To dismiss someone else because their opinion may differ from your own does no one any good. State your facts, let the facts speak for you. Differ all you wish, but base it upon a solid foundation. Dan"
May 21
daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
"Marcus, Have you shared your thoughts with either of the publications? Assuming that you are correct, and that they are duping their readers, setting them straight with facts would be a service. Dan"
May 21
daniel cohen replied to Fang F Fang's discussion 'Lies ! Damnable Lies !'
"Dear FFF, Jason, Marcus, What do you make of the following: SCRANTON, Pa. An eastern Pennsylvania newspaper has obtained state records showing that oil and gas development damaged the water supplies of at least 161 Pennsylvania homes, farms,…"
May 21
daniel cohen replied to Tico's discussion 'UBELIEVABLE,, DID NOT SEE THIS COMING'
"Perhaps the answer to the cleverness of the O/G companies and the shafting of the landowners lies in  the landowners collectively or individually exploring the ways to legally make their case(s) and to let us all know the outcomes. Moaning and…"
Apr 30
daniel cohen replied to Ron Eiselstein's discussion '"Landowners Flex Your Muscles"'
"Thanks for the comeback Mark. Please keep me in the loop.My email address is [email protected] Dan"
Apr 8
daniel cohen replied to Ron Eiselstein's discussion '"United Shaleowners Association (USA)"'
"As I understand your thought, the group would not represent just a particular State, but would be an umbrella organization for whatever states/landowners wish to say in order for their voice to be heard. Or am I misunderstanding your…"
Apr 8
daniel cohen replied to Ron Eiselstein's discussion '"Landowners Flex Your Muscles"'
"The call to unite with the object of speaking with one voice  sounds right to me. The suggestion that we do this by state also sounds about right. Is there anything going on in this regard for Penn.? If so I'd like to be part of it. If…"
Apr 8
daniel cohen replied to Ron Eiselstein's discussion '"Marcellus Utica Landowners Association MULA"'
"A further thought for consideration by MULA. All royalties to individuals and states are paid by the companies based upon their production figures. There is no independent check on those figures by any experts hired by landowners at landowner…"
Mar 28
daniel cohen replied to Ron Eiselstein's discussion '"Marcellus Utica Landowners Association MULA"'
"Agreed. Please add my name to the list, and let's get the movement rolling. Dan"
Mar 27
daniel cohen replied to Ron Eiselstein's discussion '"Marcellus Utica Landowners Association MULA"'
"If I read you correctly, Ron, you can envision MULA as being a legal conduit to help resolve issues through the courts? If so, the framing of the issues and the order of attacking them needs to be thought out. Inchworm suggests a particular issue to…"
Mar 26

Profile Information

What is your role in the Marcellus?
Landowner
Why are you here?
Networking, Learning, Protecting the Environment
Which state(s) are you following?
Pennsylvania

Daniel cohen's Blog

It's Not About Up-Front Money

Dear All,

It's not the amount of money up front that you get, nor is it the royalty % that ought to rivet your attention. The real question is how much of whatever you get will you be able to keep? I just finished paying .43 cents on the dollar back to the government- that's a hefty bite out of the proceeds before any royalties have started to flow.

The expertise of knowledgeable accountants should have been sufficient. It was not. I have been getting all sorts of conflicting…

Continue

Posted on June 14, 2011 at 6:00pm — 10 Comments

HEALTH ISSUES-AIR/WATER





HEALTH ISSUES-AIR/WATER

Why the need for careful water analysis? With special thanks to Angel, the following is most troubling:



Subject:…

Continue

Posted on April 13, 2010 at 5:00pm — 1 Comment

Aquifer Contamination-Part 2

Dear Shalers,

In Part 1 of the Aquifer Contamination discussion we explored the pro's & con's of the proposed drilling that is expected, and seemed to have come to several observations:

1) Drilling is good for the economy and produces jobs and revenue

2) Drilling techniques have been used for a long time, and the fracing process is non-hazardous

3) The drilling can cause contamination when proper procedures are not followed

4) The companies doing the drilling are not… Continue

Posted on March 21, 2010 at 5:30pm — 47 Comments

Aquifer Contamination-Part 1

Dear Shalers,

I'm becoming more & more concerned about possible aquifer contamination, and wondered if we ought to be looking very carefully at what's going on.

N.Y.State has put an 18 month hold on the fracing process as it reviews the potential impact on its water resources/aquifer. Penn. has allowed the process to go on unchecked. Are we missing something here? Should we be more particular about how our leases are drafted to insure that we have some recourse should… Continue

Posted on January 19, 2010 at 2:00pm — 41 Comments

Comment Wall (11 comments)

You need to be a member of Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights to add comments!

Join Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights

At 5:33pm on April 14, 2010, Keith Mauck (Site Publisher) said…
Also, all of your activity is listed to the left on your page...
At 5:31pm on April 14, 2010, Keith Mauck (Site Publisher) said…
Hi Daniel,

One thing that helps if you tag the discussions. I try to go through and tag them if possible, but often it isn't. Tagging is what allows the search mechanism to pick it up.
At 7:55am on March 16, 2010, Carolyn said…
Dan: you seem like a really nice person and I thank you again for the voice of reason. I have to quit this website. I am living with the nightmare of gas drilling but I guess the people who love it just have not been to Dimock. Sadly they will see in time what gas drilling really means for beautiful rural Pennsylvania. Once the drillers go, if that ever happens, they will leave a lot of ruined land and waterways in their wake. Oh yes, but money is more important, i forgot.
At 2:57pm on March 11, 2010, Carolyn said…
One thing that has freaked me out is the hostility I have encountered on this website when I raise concerns about what is going on. I have been called stupid and unpatriotic. For caring about clean air, water and land? And wildlife? I have said it before; if one actually believes that gas drilling perfectly safe and everyone is going to get rich and live happily ever after,well, they are deluding themselves. Best to talk to folks out in the West who have lived through this already. I grew up in Pa and have seen what the coal mining did. How is this different? Furthermore, by focusing on more fossil fuel, which gas is, it converts to carbon dioxide, we lose time trying to develop better alternative energy sources. There are dozens of wells going up in the tiny hamlet of Dimock. Heavy truck traffic ruining roads, constant noise, stink in the air, former fields tarmacked over with containers with who know what inside, toxic diesel spills on both land and in the Susquehanna, not to mention individual water wells. And the DEP just keeps on issuing more permits.
At 12:41pm on January 26, 2010, daniel cohen said…
Dear Carolyn, thanks for the kind words and getting back to me. As a truth sayer, you will not permit yourself to quit. Nor should you. I've tried to carry on the search for clear talking, and have been spending some time on the blog site entitled "Aquifer Contamination". Please check it out if you haven't already done so. I don't know how to put a link into this place to get you to there, so it will be a bit of a hunt. Sorry for that.
At 7:49am on January 26, 2010, Carolyn said…
yours is only the second voice of reason I have heard on this website which I am convinced was set up by the gas industry. I should just quit but I cannot stand that so many untruths circulate around . I am living with the truth of gas drilling.
At 9:56pm on November 17, 2009, Francis L. Warder, Jr. said…
Dan, I'm not accustomed to giving legal advice for free nor soliciting business on this site. If you are in Morgantown perhaps you should seek advice from a local attorney who devotes a fair amount of time to the oil and gas business. Stephen Shuman comes to mind and there are a few others, perhaps even one at the law school although I doubt you'll find anyone there conversant in the lease terms being offered presently in Mon County.
At 7:02pm on November 17, 2009, Francis L. Warder, Jr. said…
That is fine if they want to share information about general terms of leases of which they have personal knowledge, but his question was about the validity of a lease signed only by the lessor. In doing so, he is asking a legal question which requires an informed response.
At 11:25am on October 6, 2009, Keith Mauck (Site Publisher) said…
Welcome to GMS. I hope the site is a place for you to learn and contribute. I look forward to your participation. Be sure to check out the county groups to get plugged in to local site members.

best,

Keith
Site Publisher

View All Comments

 
 
 
1 2
+ Add a Discussion + Add a Blog
+ Add a Photo + Add a Video

Local Groups




Stay Connected
Like Us

Follow Us

Subscribe

Join our lists

Top Content on GMS 

1 CONSOL Speaks

CONSOL Speaks
2 Top 10 list.....on how to spot a fracktivist!

Top 10 list.....on how to spot a fracktivist!
3 HOW MANY FEET/YARDS/MILES PUT YOU IN A WELL OR OUT OF A UNIT?

HOW MANY FEET/YARDS/MILES PUT YOU IN A WELL OR OUT OF A UNIT?
4 check out some of these drilling units - lateral spacing is shrinking - new techniques a "game changer"

check out some of these drilling units - lateral spacing is shrinking - new techniques a "game changer"
5 What about Halcon?

What about Halcon?

advertisements