Has Gulfport re leased you

Our 5 year Gulfport lease is up for release or re leasing very soon. They have been pushing hard to renegotiate our lease in annual installments, no guarantee of more than a year payment.

We said no deal, we are choosing to stick by their original lease.

They say they have no money; what the heck are they doing with the millions of whatever measurement I don't understand coming from their four gangbuster producing wells they have here in Sunsbury Township, NE Monroe county Ohio ? Only Rice Energy has higher producing wells here abouts. We have called their bluff and said no way, pay up if want to keep your lease.

Does anyone care to share if their expiring Gulfport lease has been renewed and paid for ? Gulfport is counting on their leaseholders to remain stupid and fall for their bluff. But knowledge is everything when dealing with the gas companies.

Please share whatever information you might have about this particular matter; thank you !

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3p4ekx80ulfbvPermalink Reply by 3p4ekx80ulfbv on July 15, 2016 at 9:52pm

I'll get right on that Sage.....again, have a pleasant day :)

3p4ekx80ulfbvPermalink Reply by 3p4ekx80ulfbv on July 15, 2016 at 9:51pm

I'm flattered Sage that you took the time to research what you perceive as MY problem......I didn't know you cared.....have a pleasant day :)

Permalink Reply by Albert Russell on July 28, 2016 at 11:00am

Site is back up and running! Yea!

Permalink Reply by Mickey Shank on July 29, 2016 at 11:19am

Hoping Gulfport keeps folks in Madison Township leased . Haven't heard one way or the other . Anyone in Madison Township / Winterset getting renewed ? 

Permalink Reply by william on August 3, 2016 at 12:18am

Gulfport renewed my lease last month for the 5 year term in Harrison county, Shortcreek township.

Permalink Reply by TreeMom on August 3, 2016 at 4:09am
Was it right before your due date?
Permalink Reply by william on August 3, 2016 at 4:17am

No it was a few weeks before.

Permalink Reply by Mickey Shank on August 23, 2016 at 10:10am

Congratulations !  Love to hear good news. 

Permalink Reply by Portiuncula Franciscan Hermitage on August 3, 2016 at 10:09am

Gulfport wanted to re-negotiate all the leases in our area too. No one would agree to it so they were forced to honor their contracts and pay everyone all over again. Hang in there!

Permalink Reply by Albert Russell on August 3, 2016 at 10:26am

Portiuncula,

What area are you located?

Permalink Reply by Portiuncula Franciscan Hermitage on August 3, 2016 at 1:08pm

Ozark

Permalink Reply by TreeMom on August 3, 2016 at 1:10pm
Ozark Ohio Monroe county?

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