Replies to This Discussion

Permalink Reply by Robert Bond on February 3, 2012 at 12:18pm

Hope so have landed leased to Gulfport in Londonderry.

Permalink Reply by Faith Johnson on February 3, 2012 at 1:58pm

HLike the sound of that!!! My property not too far from there leased with Shell but it's still good news for the area! We could have a tv show called the Guernsey Gazillionaires!!

Permalink Reply by steve keller on February 3, 2012 at 5:49pm

faith i own some ground near winterset  i live in stark county how close is this well to birmingham-gunn rd.

Permalink Reply by Faith Johnson on February 3, 2012 at 6:06pm

Well my place is on Gunn rd if you pass Birmingham it's looks by the map to be somewhere around the next big crossroad looks to be and don't qoute me a few miles? Someone can correct me if I am wrong on that.

Permalink Reply by steve keller on February 3, 2012 at 6:10pm

you must live close to our land we are on glenview rd at top of hill above gunn rd

Permalink Reply by Faith Johnson on February 3, 2012 at 6:14pm

Found this on another page a better idea of where it is! Uh yeah our place is just 2 down from Glennview on Gunn you are at the top of the hill we on the bottom LOL.
Gulfport has a permit to drill a horizontal well into the utica shale on the Grohl Farm 1/2 mile west of the old Madison school east of winterset. the site has been staked out. issued 01/26/12. depth 10,000 ft. will be interesting to see what it produces!

Permalink Reply by Faith Johnson on February 3, 2012 at 6:16pm

We part of the original group who signed with Shell at 5000 and 20% with a really good lease and I am reading from other people on here that the lease they offer now is not quite as good as the one we got but our group had like over 40,000 acres but that's just what I have read here. I see your not leased yet, all I can say is good luck LOL I am glad it's done it's mind boggling, but this site is awesome.

Permalink Reply by Mark Allen on February 4, 2012 at 4:04am

did you folks sign a surface to core lease or UTICA and below lease?

the Best lease in that area bar none was the Carrizo lease, if this Gulfport well is being drilled under the flipped lease,then look out, those landowners may have given up alot more than they thought.  Remember the royalty is based on the paperwork signed and filed,not the promises made.  Nothing against GP they got a great buy at 2200 an acre,I believe those landowners net was $1840

the shell lease you talk about what were their terms,has anyone got paid yet?

Permalink Reply by Nelson Roe on February 4, 2012 at 2:24pm

Slight correction, I believe the lease you are speaking of Mark was actually the Wishgard lease that they then flipped to Gulfport.  The lease was not directly negotiated with Gulfport.  There are some landowners who signed leases negotiated directly with Gulfport & I believe these leases would at least be equivalent to the Carrizzo, JRM & Shell leases.  However, from family and friends that I have talked to in this area, I do believe that a lot of them did sign the Wishgard lease that was flipped to GP. 

Permalink Reply by steve keller on February 4, 2012 at 4:31am

I have 160 acres , we havent leased yet .shell sent us a lease for $5000.00 and 20% but it needs some work hope to be signed by end of week

Permalink Reply by Mark Allen on February 4, 2012 at 10:04am

JRM is still adding acreage. He would be able to give u the details. His lease will please u,best on the market. I am sure if u google JRM you will find him. HIs team has been working 4 the landowners of eastern OHio since 2009, he was the one, early on that helped Guernsey county folks slow down til the competition got there. NY group,ECOL, EOL, MIddlebourne group,we're signed in October and November. I was told he will still take on clients. Good luck

Permalink Reply by Faith Johnson on February 4, 2012 at 12:13pm

Nice hope it all works well for you!