Replies to This Discussion

Permalink Reply by Lynn Wigglesworth on April 1, 2010 at 7:59am

From what I've heard there is a lot of trading back and forth between companies. They often need a specific property to fill in a unit, and have a property that the other company wants, so they trade. I don't know if that's a good or a bad thing. East has to observe the terms of your original lease.

You don't know who is drilling near you? The company often puts up a sign...I've seen East signs, anyway, at drilling sites. If it's East, maybe you will be included in that unit; maybe that's why they wanted your property? Good Luck! I'm still waiting for a decent lease offer.

Permalink Reply by skc on April 1, 2010 at 8:36am

I live in Canada :) My eyesight isn't *that* good. I'll research which company is on the adjacent property (Burleigh).

Good luck with the offers!
skc

Permalink Reply by Ann Ticopa on April 1, 2010 at 2:01pm

Watch for "Talisman" too; Fortuna has reverted to the parent company name.

My personal opinion is that Fortuna/Talisman is withdrawing from Tioga County, except for DCNR land they have leased and perhaps the Roseville area. (Iirc, they applied from a pipeline from there to Mainesburg. ) But that's just opinion.

I did get a lease offer from F/T near the end of last year, but assumed they would flip it to East.

No, I'm not impatient. Except to see the 6-month production figures that are supposed to be made public this fall.

Permalink Reply by skc on April 1, 2010 at 3:43pm

Huh - we're about 8 miles from Roseville. Thanks, Ann and Lynn!

Permalink Reply by Michael Karpiak on April 3, 2010 at 3:15pm

The two have partnered up before like they did in Jackson township. They also trade pieces of land like kids trade baseball cards. I just called Fortuna/ Talisman energy and they are still leasing but not in my area of Middlebury.