After turning down a half mill for one partial and nearly 3/4 mill for a different partial... received first royalty check for the 1st three months of production . Although nat gas prices are low. I am still extreeeeeemly happy! My intuition and research told me that with a little luck , if I just held out , those one time checks to sell everything would be small in comparison vs. royalty pay out overtime.... I feel so grateful and blessed. Fortunately I learned a lot on this site before all the flippers Took over the site and made everyone tune out and log off. The flips propaganda with their multiple accounts acting like they are true mineral/landowners is quite amusing if you know what to look for. They have truly made it difficult for new members to sift through all the BS and find true realistic answers. There are many flippers that have ongoing discussions( with their selves ) using their multiple accounts that make it look like there is real dialogue from many different mineral owners..... and that’s not the case , as many of you are already aware. This oil and gas game is definitely not over for many of us.... unless this is the only resource where you get your info , then it’s doom-n-gloom sell your worthless minerals or receive NADA.
I have NOT been on this site for many months and after a quick visit nothings changed it’s actually gotten worse. I will not be back until maybe after the election.... no need to reply ...flippers , it won’t be relevant by the time I read you’re worthless comments .
ps- There has been a new and improved site created a little over a year ago from a member that also got frustrated with all the flips on here. Wish I could share it because you will not find this new site ( by design ) with a normal google search ....
Leaving all these starving flips here.
Don’t think that these flips are just posting on the main page, they are also in the county groups... I could call out many of these clowns but it does not matter to me anymore ... I have avoided a huge mistake by not selling & my long wait time has just paid off.
Continue to watch where Jefferson, Belmont & Harrison County’s meet. Watch for new permits, take screenshots of the ODNR well locator maps to compare over time , have quarterly discussions with your producer. Try to find out who the person is that works on developing the units and working with the land and mineral owners. Get out drive around be observant , follow the truck traffic to their next location. If there are wells nearby study them and try to predict where a well would need to be located in order for you to be included in the unit. Remember wells run northwest and Southeast so incorporate that into your well pad prediction strategy. My producer has been happy to discuss this with me because I have demonstrated and I know how this development works and where a pad location would need to be located for me to be included in a well. I watch for the white trucks in those locations to make contact with the neighbors regarding contract agreements to gain access/build roads & pads. Many/most pads are positioned in locations where they can run multiple laterals in both directions from the same pad. Study the map and slowly watch Wells be Permitted then constructed around you then you will know exactly where the next pad locations will be .
The hot weather is causing nat gas power plants to work overtime to run AC units, opec production cuts & hoping for a very long cold winter to help push up prices.
Selling your minerals is not for everyone , Nor is holding out ... I will encourage you to do your own due diligence.
Good luck to all non-flipper land & mineral owners......Go TRUMP
id take the worth of his post as much as the ink its written on. that's his first post.
Seems like he was on the winning side of it. Have seen many like him not accept the offers and their properties drilled out and they received nothing. I've seen mineral buyers buy property for $7K and the properties end up useless as well. A lot of it is luck
My post was strictly to help mineral owners including my surrounding county neighbors to stay positive and hold out for a good chance on a great investment outcome.
This Adam kid doesn’t know how this works ...my profile is set to private. I remember him , the ascent resources hater. bitching moaning and groaning how ascent didn’t pay him.... They gave me all your money and then some player.
Joe, When you start receiving checks we will see how forthcoming you are to post on a public site. Let’s just say , well into the five digit range $$,$$$. I have larger parcels w/ 20% royalty and zero PPC’s taken out.
No activity, Drilling is over
I attempted to upload many pics to show all the “non-activity” in the area but only my comments showed up & not the pics.
Pull up new well permits , jump in your truck take a little ride and see for yourself ...OR sit on your couch and only read this site With your blinders on and you could make a huge mistake. My message is probably only getting to 10% of the audience I would like it to reach , the other 90% are lazy flips sitting on their couch praying for the low hanging fruit to believe their posts.
Henry hub nat gas price $2.58 today... not great but definitely moving in the right direction in comparison to a couple months ago. The flips only post #’s that are moving down or showing in red ... it’s all a game see through the flips BS
Time for the RNC
i know right. his identity isnt even posted. not what iexpected $25-$75 an acre in this market. hardly anything to get rich on unless one owns hundreds of acres.
this is guy is full of it. his name isn't even on here but he wont post numbers. man you trumptards are gullible. I got my first check in April breaks down to almost $70 /acre with a 20% gross.
the whole shale industry is a scam built on junk bonds that the fed prints billions to keep shale industry from crashing. shale is dead at the moment.
the roaches are fleeing
Ha. Sorry about your luck but i got my first check in april too $400 an acre and may was better.you deamoncraps are always doom and gloom.TRUMP 2020 and reclaiming his time for first 4 years.Hope the charges come soon. treason sedition etc.
not a demoncrap. but i can spell,semi literate,dont believe in bibulll, santa claus or tooth fairy , believe in science so definitely not a republican. Trump 2020 will accelerate the demise which is fine with me,