Been a long time since the last post here. So, every ones lease has been gone for 5 years now with no interest shown in new leases. Potter County, Bingham Township. Anyone have any new news on our area? Something is going on less than a mile away on the other side of the road, not our property though.
I got a lease 2 years ago in Bingham from JKLM. What do you see going on and where?
Right off the intersection of Gee and Collins hill road, things are set up, land has been flattened. Maybe UGI
With JKLM not leasing or drilling, Potter County has quieted down. I am trying to sell my minerals in Oswayo, in case either of you know of anyone.
Eventually, higher nat gas prices will bring back the leasing and drilling, however, we need to see a substantial drop in natural gas daily production before that happens....and we also like to see operators be very disciplined when the price does go back up, and they don't over drill again and flood the market with too much natty gas......