Activity in the County (Leases, infrastrature, drilling)

Just was curious to hear of any activity going on in Venango county.  Anything from talks of leasing, to actually signing on the line of a lease. 

What have the offers been for potential leases?  Any good addendums you were able to negotiate?

Has anyone heard how the completion went for the Seneca Resources well?

Hopefully 2012 will hold a lot more activity for this industry founding area.

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Replies to This Discussion

Permalink Reply by farmgas on January 11, 2012 at 12:42pm

Yes, a Range Resources well...check dep efacts for permit info

Permalink Reply by matthew h mcsparren on January 12, 2012 at 12:03am

Headines in the Derrick today, gas production companies want to lease 60,000 to 70,000 in Venango county.

Permalink Reply by Brian on January 12, 2012 at 12:05am
Wow
Permalink Reply by George Brown on January 12, 2012 at 12:48am

Nice.  Well, they have my 25 so they are well on their way! :-)

Permalink Reply by mac mcgreal on January 12, 2012 at 2:58am

we have 24 acres that sits above Georgetown. has any one heard of any offers in that area? And could you tell me what the average over all offer is? Thanks Mac

Permalink Reply by owner on January 12, 2012 at 4:21am

Can anyone say what the Derrick newspaper says about the oil and gas leasing  in Venango County, I cannot open that newspaper article.   Do they name any specific comapnies making the leases, any lease specifics and do they name any areas of interest?  Thanks

Permalink Reply by RichR on January 12, 2012 at 9:46am

Quote from today's Derrick: " While Brocket identified Shell Oil, Seneca Resources and Range Resources as those companies making “a significant play to lease” gas rights in the county, there are a slew of other major firms in the mix, too. They include Chesapeake, Exxon Mobil and CNX Gas."

Permalink Reply by owner on January 12, 2012 at 10:49am

Thanks Rich, did the paper say anything about signing bonuses?  

Permalink Reply by RichR on January 20, 2012 at 2:09am

Not that I can remember.

Permalink Reply by owner on January 20, 2012 at 1:36am

Michael Morehead has taken the place of Jason Hannath in lower Venango county for Shell, his number is 704 661 1593 for moblie and 724 256 9259 for his office. 

Permalink Reply by Jim Litwinowicz on January 24, 2012 at 5:05pm

Just wanted to let everyone know there is a meeting for landowners at the Kings Family Restaurant in Franklin at 6 PM on Wednesday, Jan 25th.  We will go over leasing terms and discuss options for landowners in Venango County. Bring friends!

Permalink Reply by matthew h mcsparren on January 24, 2012 at 10:29pm

Leaseing terms with who?

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