BCLG
Our next BCLG meeting is going to be Thursday October 28, 2010 at the Snowmobile
Club in Washington Twp.
a.. At 6pm will be an informational meeting to describe BCLG, answer
questions and to provide updates on the group. This portion of the meeting
is open to anyone in Cherry, Clay, Concord, Marion, Venango and Washington
Twps. of Butler County.
b.. At 8pm will be a planning meeting open ONLY for those under agreement
with BCLG. We will be discussing the findings of our group survey as well
as the strategies to move forward in our collective marketing and
negotiating process. Our attorney, Andrea Parenti will be present so we can
discuss the lease parameters that we wish to negotiate into the lease.
One thought: Some landowners have asked me if they should accept an offer
from a gas company now? They are out there lowballing landowners. It is
always up to the individual to decide whether to sign or not and we will
never pressure anyone in to signing or not signing, but my feelings and what
has happened historically in other areas is that the numbers do go up! The
gas companies are not going to walk away, in fact as time goes on more will
come in creating a competitive environment. I plan on waiting and working
collectively with the other landowners in this group to get more of my fair
share but also to have the power to include protective addendums so MY land,
YOUR land and OUR community are protected!
Hope to see you on the 28th!
Tags:
I am quite familiar with your group. As I understand the dynamic of your group: it is a highly disorganized, landowners can opt out (are doing so) and independently lease, and yinz are learning as you go (1st rodeo...I've had a front row seat).
First, it's contiguous, and your specific area, isn't very specific, Butler County? 383,987 acres? Either change your group name, and who you accept as members, or simply stop being disingenuous.
Second, that is a partial falsehood to state O&G companies 'frequently trade/sell leases to one another'. Well, as someone involved in production and unit design (would tell you), they're not exactly about facilitating the competition. An attempt would be made to acquire a tract of land if it had strategic importance, namely it is a sizable chunk (100+ acres) in the middle of a already controlled leasehold, or the horizontal well bore(s) goes under said property. Otherwise, you are likely SOL (no forced pooling, go to the courthouse and find some historical declarations of units, all those weird shapes = units). By your logic, BCLG is opposed to lease flipping, but it is placing its bets on the producers harmoniously facilitating each other. Don't worry Ms. Jenkins, although Shell has the entire township you're in, sign your 50 acres with Chevron. A huge flag will go up, corporate will send a team of specialist to contact Chevron, spend significant time analyzing your strategic importance, and offer them the world.
Or option B, draw unit around, let lease die, decide if they still want it (Read: haven't drained around it) when it expires. What happened in Bradford, in large part, was small oil producers holding leases with deep rights by production of non Shale formations and then selling them to the companies capable of producing the Shale formations for a healthy profit.
I am happy. (DkinPa....grade me)
Lease? I don't have one. I need one of those? What would be constructive is if I had an Addendum to share. Post a copy of your BCLG contract, you can post it right here on a PDF file, I think that would be constructive.
Not familiar with Friendsville Group (other than, I guess, their model determined the structure of yours), but if I was to speculate, I would assume they are also purporting to be in the best interest of the landowner (selling the collective bargaining shtick), and profiting from their 'charity'. I love their website! Check it out, got some organized pros here: http://www.thefriendsvillegroup.org/ I
Yeah, I have this friend, who bought a 2000 square foot house in New York City for 2 million dollars, this other guy (also a good friend) bought a similar house in West Virginia for $200,000. Huh...so different areas...have different markets? Curious. Could it be that certain areas have Shale that is more lucrative (read: productive, thick, higher pressure) than others? Could it also be, that different areas also have different infrastructure allowing producers to access markets with the product? (the product is oil and gas, for all those paying attention, and after today, I'm wondering).
Yes, variables exist that dictate price. It's not hard to find examples of higher bonus figures, Haynesville Shale, Barnett Shale, the list goes on....you're not in New York folks. Further, your government hates you, (not literally, don't freak and call your local congressional representative) and there is no forced pooling (a topic on this forum, we love to ignore). So, again, and again, your 50-100 acres in the grand scheme of things, means....you guessed it...nothing.
Matt, "signed a lease", if you're a landowner marketing consortium (or whatever the marketable name is) is like saying, "well, I ate this month". Go Bradford, Tioga and etc. County!
One thing, you must understand, is that Shell, Exxon, Chevron and the other majors O&G companies view landowner groups effectively as shady organizations that hold parcels of land hostage. If an individual landowner, represented by a O&G attorney (that isn't milking them for a % of their Bonus or Royalty) approaches the major in their area (different for every township...another fact, bulk lease salesmen, like to forget), proposes a set of Addendums, that doesn't include 'Chevron will babysit my children on Tuesdays', it will go through and everyone skips off into the sunset. But that would be to easy, and special interests...well, we know what happens to special interests.
How bout that BCLG contract fella...I want to take a look at the 'everyone wins' contract. You can post it right here on a PDF file.
Drill baby drill.
Mr. DkinPA,
That was a great spiel. I'm recommending BCLG for a Nobel Prize for Humanitarian outreach. If I see complete bullshit propaganda online; I find responding worthy of my time. Alien hunters are next on my list, but you took precedent.
If you were truly informed, you would understand that the reason 1280 units don't exist is not because of lack of contiguous acreage...going two miles horizontally isn't exactly cake. Nope: BCLG is the lynchpin in big oils operations in Butler Co. You're expressing yourself as less than intelligent, with statements like this. Why does no one respond to the element of how unimportant specific parcels of land are with relation to a state that has no forced pooling? In fact, many points were not addressed. Can you post a copy of your BCLG contract?
Have a wonderful day.
Johhhhhny
You and your keyboard continue to show what a big ass you truly are
nothing you ever say is constructive
you should keep your ugly comments to yourself
Whoa...I am exhausted reading your rant John Boy!
Me thinks you must have some financial reason (losing customers perhaps?) to be bashing our group, otherwise...WHY would you care AT ALL?
It's not your property we're talking about; and BCLG isn't costing you anything...
Get a life...
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