"I spok4 with Marchese about that article and she said she was misquoted. She said she had heard of 5,000 offers elsewhere. I also wrote the journalist and he said he had no other evidence other than the Marchese misquote."
"I've communicated with a local operator that has quite a bit of HBP (held by production) acreage in OH. He has been in the business for about 30 yrs. He is waiting for about $4,000 with a carry and an option to participate in the…"
"You can take that price now, if you have to have it, but if you would wait another 6 months the price will be a thousand dollars higher. I know most people need the money NOW, and I understand that, just make sure you take no less than 15% royalty.…"
"I signed back in Nov. for 1500 per acre for 10 year lease. The also offered 1000 for a 5 year lease with the right to renew the lease for another 5 years and 1000 per acre offer. I felt that if they are going to drill they will do so…"
"Agreements to lease land in Trumbull County started at a few hundred dollars an acre and have grown to $5,000, Marchese said. Recent buyers have paid as much as $20,000 an acre for land in the Texas’s Eagle Ford shale area and the Bakken shale…"
"Allen, very good advice, as I have been in the oil and gas industry for the past 25 years and have gone through more than 7 booms. I always suggest that landowners just bide their time and wait. There is always lots of thoughts and predictions…"
"They won't be offering $4,200 unless there are some results out. They must have preliminary results themselves, or heard of some competitor results.
Just a thought, but people may take a chance to wait for signing up their land on…"
"$4200 per acre sounds like a pretty high number, a number i would gladly accept of course. sounds like most people are signing up with ches. for around 700-1500 per acre around here in stark county, why would it jump so much higher…"
"i will check into it further to get you the specifics, but just yesterday i was talking with someone who knows what is going on in Stark county and he told me someone had been offered $4,200. a acre to lease. One thing you have to understand,…"
"It doesn't look like this reserve company has filed any leases at the courthouse. i have heard that they are going to try to sell the leases to chesapeak for a profit. has anyone signed with reserve? what happens if i lease to…"
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 ]