mike4t's Page

"Utica, can you post a link to this study? I don't see any costs for the pad construction. Does " Production to Gathering" include a prorated share of acquisiton and construction of transmission lines, compressor stations etc? Does the…"

"I would think the cost of surveying, preparing deeds and recording 113 parcels would be pretty significant. Also, you may have to pay a different tax rate for 1 acre parcels as opposed to a large parcel, and you may run in to azoning problem as you…"

"JR, Can you please refer the O&G attorney to me. We have not signed and we have been interviewing attorneys to represent us as well. It sure has been a long process trying to figure out who is telling the truth and who has just jumped onto the…"

"More land with rights, duh."

"Hi frank, I'm not sure where you live (I'm guessing PA) but if you are in the Utica than not leasing that yet is to your advantage. I'm just learning it is possible to get leases with just certain layers mentioned since most of the…"

"Tha said, I do see a (potentailly) fair expense of a % of a landowners groups signing bonus, if the Attis are legit and can truly bring value to the table. "

"Our lawyer came at the recommendation of the Ohio Oil & Gas Assoc, and I believe the ODNR. They gave us 3 names, all of whom had a long-standing, sole practice of O&G. Then we sought recommendations from local Lawyers and narrowed to one. He…"

"I can't think of much different I would do. We ended up joining the SURE group and while I might have minor quibles on the lease would sign again if the same lease were presented to me. We could have gotten more money on the signing bonus but I…"

"I am afraid that today all Attorneys in PA, OH and WV are O&G Attorneys (whether or not they know how to spell "oil"). It sucks, but that is the reality - you have to seperate the "wheat from the chaff" (not sure how to do…"

"We "signed" with CHK last summer, before we knew our deep rights were leased by someone else. What I've realized since then (and this is one persons experience) is the law firm who represented our group was basically a whore in it to…"

"I think that having a bigger company drill would have definite advantages- a bigger company would have access to bigger/better rigs, better frac technology and better access to transmission lines. I think all these combined would result in a better…"

"Do you have any idea what they are finding in the SW part of the county near the Greenville and Mercer County line?  I have not heard of much recent activity.  A few years back sevral wells were made active over along Rt 18 between…"

"In my opinion the payments expected are based on three factors. Dry gas, wet gas and oil. Dry gas 2500 - 3000 Wet gas 3000 - 3500 Oil         5800 - 7000 "

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