My family owns the OGM rights under 194.06 acres which is not leased. We are considering selling these rights. Any one had experience doing this, who do we contact, how do we determine value? We…Continue
Started Jul 15, 2012
My family owns mineral rights to 197.06 acres in Windham Township Bradford County and for a year have been trying to negotiate with Talisman. Surrounding land is leased and bonus money has…Continue
Started this discussion. Last reply by milton nelson weir Apr 19, 2012.
milton nelson weir has not received any gifts yet
Barbara left a comment for milton nelson weirWe own mineral rights in Windham Township under 194.06 acres and have been talking to Talisman for over 6 months about leasing our rights and now we are in a holding pattern. They have leased abutting land and most of the land surrounding ours yet are stalling on finalizing our lease. We have a Bonus Money amount and Royalty amount agreed upon. Budget concerns seem to be the Talisman position. Now I read that Chesapeake is taking over Talisman leases in Litchfield Township which are in…
ContinuePosted on January 16, 2012 at 10:45am — 1 Comment
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Barbara said… We started our lease with Southwestern and was traded to Talisman about one and half years ago. Talisman was very active in our area with several wells planned included multiple pipelines planned. Our contact at Talisman told us last summer they now do not plan on going forward with several of the wells they applied for nor the pipeline. She said they are focused on Texas, I forgot the name of the area, something Eagle. Meanwhile several of our neighbors leases have expired with Talisman and they were told they are not going to renew them. In fact, Talisman suggested they get in touch with CK but that is all I know.
Richard Gerard, Attorney said… I am interested in your report. I am an attorney with experience in leases.
I have not heard of anything like this except over by Dimock PA-although you are not that far away.
Do you know of others getting such an offer?
Do you have a map of the units that surround you? This is very important
Did you ask the landman where the proposed Unit will be.
Do you know the names of the wells near you and when they were drilled as the production numbers are public,
You can also get more recent numbers from those in the units than those on the web.
How much land do you have?
Are you the only parcel that is not leased?
I would be interested in seeing the lease they have offered you.
You maybe in the Friendsville Group area, which could explain the pricing, but many cos pay less when they surround parcels
Do you have this offer in writing.
I would be interested in seeing that
How does your land run, west east or north south or square.
Thank you
Richard Gerard
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