I had heard in the Barnett Shale that this group has massive lawsuits against them for not paying claims. I dont know the particulars but be careful to check their background on selling anything to them until you research their history in the…
Another thought, look at Quatar, a country that has so much natural gas and is so rich that they dont have to pay taxes and health care. The reason is that they have conversion plants for the natural gas. The plants cost milti billions,…
You are right, if we have a glut, find a way to capitalize on it by exporting; make power plants that run on natural gas (Japan is doing that to replace their nuke plants that were ruined in the tsunami); build cars that run half and half and have…
You definitely need a lawyer. Go on line to see the Friendsville lease, it encompasses every clause you will need to protect yourself. The latest lease amounts have been around $5,850 to $5,000 per acre with some royalties running…
What do you hear about the Northeast section of Sullivan County, we have 200+ acres which borders Wyoming County and Bradford County. They are saying that it will be 2014 until any royalties will be paid in those areas and that they are…
The water test is free. It takes about an hour and they do a real thorough job. They run the water a long time, get right into the bottom of your well, take mason jars and vials of water, test for radon, etc.
They have to notify you if you are in a grid, according to DEP regulations. We are in a grid in Sullivan County and CHK already tested out water. Its a good sign, though and within a month after testing the water, the rig is being set up…
Yes, the first pad is being put in right now on Round Top, they are bringing the equipment up Star Road, in Colley. There are three more permits approved on Round Top and an empoundment pond planned.
The permits for the wells on Roundtop in Colley Twp have just been approved by DEP. they will be exploratory wells for that section of Sullivan County. They haent even put in the pads yet and probably wont drill till next year. There are 4 old…