Replies to This Discussion

Permalink Reply by David Perotto on December 15, 2012 at 11:33pm

Quincy,

Dont sell. Currently land is going for 1,800 -2,000 per acre which includes all rights. If NY ever gets off its hands, your land will be worth a great deal more. You potentially have three strata to drill. That would be the Marcellus, Utica and Geneseo. If NY bans HVHF, your land will still be worth 1,500-1,800. The upside is ten times that. Keep the land or just sell to me (not kidding).

Dave

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Permalink Reply by Brian V. on December 16, 2012 at 10:02pm

There are sucessful Trento Black River wells in Steuben County also. Chesapeake and Talisman have drilled them. Not sure if they are still producing, given the high yield, short life of those wells. If you can hold on to the land another year it could be very benificial to you. Then again I thought the moratorium would have been lifted already.

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Permalink Reply by Quincy Spitzer on December 16, 2012 at 10:18pm

If you could close quick, I would sell all the land approx 90 acres with 50% OGM rights for $139,000 I would also consider selling just 50% of the OGM rights NO TOP LAND if your offer was good.  It is beautiful land with excellent hunting and trout fishing! call/text if interested (570)-439-8025

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Permalink Reply by Samuel J. Orr on December 16, 2012 at 11:58pm

Probably not worth too much given the ongoing moratorium on fracking in the state of New York! You citizens of New York keep electing these big liberals who all seem to be against fracking. For your sake I hope the moratorium is lifted. If it is the value of your property will skyrocket! IMHO

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