Beaver Co. Renewal

Some time ago, I read where people wanted to know if leases were being renewed in northern Beaver County. Our original lease was to run out 6/15/15. As of 5/7/15 it has been renewed for 5 more years @ original terms.

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Replies to This Discussion

Permalink Reply by craig on May 9, 2015 at 5:37pm

With Chesapeake or who?

Permalink Reply by marilyn nesbitt on May 9, 2015 at 5:44pm

Sorry, Craig. I don't get on here very often so I think maybe it was in the wrong place to begin with.

Have it on a couple places now, maybe one is right. And to answer your question it is with Chesapeake.We were okayed for a well by the EPA, but a couple things prolonged the time & now they had to renew.

Permalink Reply by craig on May 10, 2015 at 3:29am

Nice to know they aren't letting all leases expire.

Thanks for the reply. 

Permalink Reply by Nancy LeNau on July 7, 2015 at 3:03pm

A Friend came by our farm today.  He is in Hookstown., PA. (Beaver County)  Close to the Hanover Vol. Fire Dept.  He was so excited !    Range sent him a $100.00 check for signing early !   His lease was not up until Sept.   Love.... to hear Happiness !   Thank you  Range for putting a big smile on my Friends face !   

Permalink Reply by Michael on July 8, 2015 at 7:59am

A whole $100, wow, you don't say ?

Permalink Reply by craig on July 10, 2015 at 1:32pm

Any amount above and beyond the lease terms is not heard of much at all. 

Permalink Reply by craig on July 8, 2015 at 5:31pm

Hmm, does this fact tell us anything about the timing of Shells' announcement  that they are/are not building the cracker? Getting folks to re-sign early before the value might go up after Shell says yes to building?

Maybe I'm reading too much into it!

Permalink Reply by Gary on July 8, 2015 at 11:27pm

Craig, I think you are correct...

Permalink Reply by Nancy LeNau on July 9, 2015 at 4:22pm

Craig, I think you are Right On !   Not... looking for much in the Marcellus.. ( being so thin in our area )   .. Hoping for bigger progress in the Utica and below.  I think a scare tactic is brewing.... trying to get people to sell their Mineral rights....  We shall see...   I am so glad I invested my $$$   wisely  and don't have to count on Drilling !!!!   ...Wishing the Best for Everyone !!!!

Permalink Reply by craig on July 10, 2015 at 1:35pm

We will see, last Spring I felt we would hear June/July to be honest.

Here's hoping that I'm right for once in a long time.

This gas guessing stuff is just that most times, guessing.

Permalink Reply by Nancy LeNau on July 10, 2015 at 3:15pm

Craig, You are cutting yourself way too short !   I have followed you for years and have learned a LOT !   Todd, from Hancock, W.V. and his Beautiful Family came to our farm for another visit.....Had a GREAT time and he taught me MUCH !!!!   Todd has so much information, it makes my head spin !   Wonderful Family !!   I am Blessed with their Friendship !  Still listening and learning.... ha ha ....   God Bless.....

Permalink Reply by craig on July 10, 2015 at 5:43pm

I appreciate the comments.

I too appreciate what others post and yes Todd comes up with a lot of great things, thanks as well!

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