Lease extension

with two and half years left of the second term and drilling slow because of prices is an extension of the second term out of the question?

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Permalink Reply by Darrell Weaver on July 31, 2019 at 2:34pm

I am in Tioga County Pa my second term is up in November 2019

I put an offer on the table for Shell n now I am patiently waiting for reply

I am in an active area, time will tell

Permalink Reply by Darrell Weaver on August 1, 2019 at 12:35pm

I had sent email offer 5yr extension to Shell within days I had a call. Gentleman said Houston said no.

I then said ok I will go ten yrs with same terms he said he would pass along I am currently waiting to see if they will accept it.

I am very very very close to Sharretts well.........

To the best of my knowledge they have not let any expire close to Sharretts site....

Permalink Reply by Darrell Weaver on August 1, 2019 at 2:48pm

From Stafford,s north On Ackley Rd I know for a fact that Shell let Michael, Dennis, Roy Ackley leases expire

Permalink Reply by william george allison on August 2, 2019 at 4:43am

I’m with swn in Brooke county and I have never heard of them going beyond the second term 

Permalink Reply by Darrell Weaver on August 2, 2019 at 7:27am

Plummer property  is west of Sharretts and has a lot of acreage, Shell had applied for a permit on Plummer property but did not move forward since application.

if Shell renews Plummer that is certainly good news for the hill top area surrounding Sharretts Well Pad........

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