Ohio Leases 2013

If you have leased your land in Ohio in 2013,please share with the readers the following:

Lessee-County -price per acre-% of Royalty- primary term. Informed landowners = Better leases for

everyone.

 

 

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Permalink Reply by Craig Stull on September 7, 2013 at 6:00am

Marcellus drilling news is reporting that The villiage of Salineville  in Columbiana county signed a lease with Chesapeake energy for 12,984 dollars per acre bonus and 15 percent royalties for there 17 acres under Woodland cemetary.

Permalink Reply by Mark McGrail on September 7, 2013 at 10:50am

Craig,

That is fantastic news. Can you post the article ?

Permalink Reply by fandango on September 8, 2013 at 1:41am

The article Craig references is here (with footnote links at bottom):

http://marcellusdrilling.com/2013/09/is-chesapeake-robbing-graves-i...

Permalink Reply by Terry giuliani on September 8, 2013 at 2:28pm
67acres Jefferson Co. $7,200.00 & 20%. 5 & 5plus 115% extra signing bonus
Permalink Reply by Craig Stull on September 8, 2013 at 2:32pm

Terry, Oh my!!!  that is great. I,m happy for you!!! Mark what o/g company do you work for??

Permalink Reply by gary SWF on September 8, 2013 at 2:38pm

Terry.....Good for you!.....can I ask who you signed with?....Thanks in Advance.

Permalink Reply by Terry giuliani on September 8, 2013 at 3:08pm
Gary...I went with Paloma, was going to go with Great River but the money was $1000.00 less and they are 20 days late on some payments.
Permalink Reply by DMoore on September 9, 2013 at 10:05am

Terry, did you get Paloma to modify any of its terms?

Permalink Reply by Renee E. Dorsey on September 12, 2013 at 6:40am

DMoore - what in the Paloma lease causes worry?  I am genuinely asking because I am now choosing between a Gulfport lease and Paloma.  

Permalink Reply by Don C on September 12, 2013 at 2:03pm

I live in and around Salineville and there is no freakin way it was 12,984.  That's a misprint   I saw a lease for 5900 from Hillcorp several months ago, CHK is not paying that amount

Permalink Reply by martin on September 9, 2013 at 1:59am
20 days late on what kind of payments Terry? Is this fact or just rumor?
Permalink Reply by Terry giuliani on September 9, 2013 at 11:42am

The lawyer is making the changes and I have to sign final lease. The late GR payment I got from and friend. Who's Neutral attorney said he had to place a call about money. Cann't  say any more.

Just Got a Letter from Petro Rock Resources from Cleveland wanting a call. Concerning oil & Gas, never fails always a day late

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