Ellsworth District, Tyler County, PetroEdge Energy, LLC?

 Hello - My siblings and I just got in the mail a request to sign off on a Paid Up Oil and Gas Lease which I know very little to nothing about.  We don't live in West VIrginia; this came thru our (deceased) grandmother's sisters, and I just want to know if it's a good thing to do to sign it, or not.  Was hoping to get someone with some familiarity as to what the going offers are.  Any information from this area would be helpful.  Thank you in advance! 

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Replies to This Discussion

Permalink Reply by Nancy Mosley on September 11, 2011 at 2:28am
In West Virginia, the counties collect property taxes on mineral rights as well as surface rights and fee (both). If the taxes are not paid within a certain amount of time the property (surface, oil and gas, etc) can be put up for auction by the local sheriff. If you have not been getting tax bills, you should check with the Tyler County assessor's office to find out what the situation is. Or the Sheriff's tax office.
Permalink Reply by Robert Mehl on September 11, 2011 at 7:26am
Nancy, you have it correct, land (surface) and mineral rights are taxed separtely when mineral rights have been reserved (excluded) from the sale of land (surface rights). LuAnne, for your information, Petroedge is a ligit company.
Permalink Reply by bill littleton on January 18, 2012 at 1:21pm

DO YOU KNOW IF ANY ACTIVITY WILL BE DONE IN SISTERSVILLE WVA OFF OF HICKMAN RUN RD

 

Permalink Reply by Hal Whitlatch on January 26, 2012 at 10:53am

Julie,

Contact me about lease rates in Tyler County.

Hal Whitlatch

wa1@starband.net 

Permalink Reply by carol armstrong on February 4, 2012 at 3:41am

My relatives had a $2,000 an acre offer and they are suppose to meet next week.I dont  think they should sign yet

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

educational meetings and landowners group is forming right in Tyler county.  The next meeting date is Feb 25th 1pm. Tyler county fairgrounds.  I believe they are working with 4 other counties,Wetzel,Pleasants,Ritchie, Doddridge or as they call it the 5 Star Landowners Group.

I will try to get u a contact number.  If anyone else knows about the meetings please post that info.

Permalink Reply by Hal Whitlatch on February 8, 2012 at 2:20am

Julie,

We are having an informational meeting and lease sign up at the fire station in Sistersville on the 11th. If you cannot make it i would be glad to email you a lease for your reveiw.

just email me at  wa1@starband.net

Thanks,

Hal Whitlatch

Permalink Reply by carol armstrong on February 8, 2012 at 3:01am

could you email me a lease My mom and aunt are meeting with someone on fri.I stress to them not to sign yet until we found out more.I got lied to ,misled ect at the beginning of all this by Kenyon  75 an acre.The lawyer group in our area settle for 2450 an acre and now they are paying 5800. so dont want them to get cheated like me or react to quickly

Permalink Reply by Hal Whitlatch on February 8, 2012 at 11:18am

Carol just email me at  wa1@starband.net  and I will send you a lease.

Permalink Reply by bill littleton on February 8, 2012 at 4:24pm

do you know if any activity is going to be done up hickman run rd yet.

Permalink Reply by carol armstrong on February 9, 2012 at 12:31am

did you get my email

Permalink Reply by Hal Whitlatch on February 9, 2012 at 12:47am

Carol I have not received it yet.

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