What is the story of the Sordoni-Robinson Landowner Group?

A friend from work brought in information about this landowner group.  He has land in Luzerne County PA.   He said you had to sign over a percentage of your royalties to them to join the group.   They would find the drilling company for the members.   What is the benefit?  Why not wait and sign a deal yourself and keep all your royalties?  He is wondering what is the right thing to do? 

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Permalink Reply by Mike Flor on April 2, 2011 at 5:32am
I would not sign anything like that.  You should not have to give up any royalty to join a landowner group.  A small percentage of bonus money only once a deal is agreed upon by members is more in line and fair to landowners.  Try contacting the gas companies yourself!  Good hunting.....
Permalink Reply by Cadis on April 8, 2011 at 5:19am

I sat in on a meeting or two with the Robinson group early on. One other problem, other than the obvious, to giving these 'fellows' a percentage of the landowners royalties is that they for the life of this play have a direct interest in your property. A neighbor of ours, who signed with the Robinson group, was approached by the gas company to put a water pump on his property to pump water from a creek to an impound pound for 5k/year. He declined and he has recieved a phone call from Mr. Sordoni trying to reason with him to allow the pump because it means he, the land owner, will see royalties quicker.  These 'guys' have no business here and insecure landowners should not be giving them a foothold in our community.

Permalink Reply by Robin Fehrenbach Scala on May 9, 2011 at 1:06pm

There are plenty are sharks in the water, looking to chomp into a piece of anything they can get. I am not personally familiar with this group, but I do know that good landowner groups don't require giving up a percentage of royalties or an interest in your land.

 

Beware! Between groups like this and the investors sending out letters trying to buy up your gas interest for pennies...you could end up with NOTHING.

 

Learn, learn, read, talk to other landowners and wait. Do NOTHING rash and never be forced into a decision. That's my thought on the subject.

Permalink Reply by Ted Rendell on May 4, 2011 at 1:14pm

Here's a link to Jack Sordoni. It's pretty self explanatory, but you need to have a facebook account.

http://www.facebook.com/home.php#!/media/set/?set=a.32005443452.549...

Permalink Reply by Ted Rendell on May 9, 2011 at 11:28am
The right thing to do is NOT lease your land. A new Duke study determined methane leaks occour because of hydraulic frackturing. http://finance.yahoo.com/news/Study-finds-gas-in-drinking-apf-19684... 

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