After more than half the crowd clapped, I knew the figure was going to stand....180 days from April 1st, everyone is supposed to be paid, ect, ect, ect...

     I think BP is an improvement from Chesapeake, based on some stories....As far as the amount, ofcourse we would have liked to of matched the other counties...Like one guy said, the faster you get the money, the faster they can drill, and the faster you get royalties...

   

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Call Jim 1.330.402.3900

You would have to go with Buckeye Mineral now like me

What is the contact to join Buckeye Mineral?

You sure did Bernie,where were you all this time?
Buckeye minerals cut will be close to 8000000,For that kind of money I'm sure buckeye got the best deal for all.I only wonder is, why lower than other counties. They say they are going after oil which is 50 times more valuable.Maybe the royalties will make the difference,only they know what's down there.

John,

 I thought this was called the ALOV Trumbull Group?

 But you wrote, " ... Buckeye Minerals cut will be close to $8,000,000 ..."

 Was Buckeye MInerals hired by the ALOV Trumbull Group to do the O&G negotiations?

 3% of the Signing Bonus ?

Actually, according to the pages that were issued with lease (not in the lease itself), there is a clause in there that has BP paying ALOV $150,000...

Ed,

 Do you know WHAT the $150,000 payment is for ?

Utica,we were told the group leaders that are representing us takes 2.75 percent of leasing payment,or if you prefer,signing bonus.The 150000.00 might be a payment to help offset the cost of putting all of trumbull co deed records in digital form,that was to cost 250000.00.
Same people with bob rae at the helm!!

A copy of the lease the most recent Trombull/ALOV group will be signing can be found here:

http://media3.vindy.com/news/documents/2012/03/27/alov_TrumbullGrou...

Hey Ganelli, how about being ethical and keep the details and such that they asked to be kept off the social media...........off!!!!!!

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