Amarado oil co. - GoMarcellusShale.com2024-03-29T09:07:13Zhttps://gomarcellusshale.com/forum/topics/amarado-oil-co?groupUrl=guernseycounty&commentId=2274639%3AComment%3A323290&groupId=2274639%3AGroup%3A93798&feed=yes&xn_auth=noYeah,they tried the scare tac…tag:gomarcellusshale.com,2014-03-12:2274639:Comment:5558802014-03-12T22:34:41.101ZShon Lenzohttps://gomarcellusshale.com/profile/ShonLenzo
Yeah,they tried the scare tactic on me too.<br></br>
Said<br></br>
...,we will drain your property anyway, without you leasing...<br></br>
.....we will jut go around you....<br></br>
...lease now, or we walk.....it doesn't get any better than $100/acre!<br></br>
I said no<br></br>
Next week...,,Lease now, or we walk...it doesn't get better than$250/acre!<br />
<br />
Two weeks later..,"it doesn't get any better than $500/acre....<br></br>
Etc etc....up to $5000 and 20%.<br></br>
I suppose we should have leased then,but I just did not…
Yeah,they tried the scare tactic on me too.<br/>
Said<br/>
...,we will drain your property anyway, without you leasing...<br/>
.....we will jut go around you....<br/>
...lease now, or we walk.....it doesn't get any better than $100/acre!<br/>
I said no<br/>
Next week...,,Lease now, or we walk...it doesn't get better than$250/acre!<br />
<br />
Two weeks later..,"it doesn't get any better than $500/acre....<br/>
Etc etc....up to $5000 and 20%.<br/>
I suppose we should have leased then,but I just did not trust them. We leased with them too. We w…tag:gomarcellusshale.com,2014-03-12:2274639:Comment:5560332014-03-12T21:29:40.619ZMMhttps://gomarcellusshale.com/profile/Mikemiller473
We leased with them too. We were handed a check on the spot. That was a plus.<br></br>
On the down side we were told that 5000$ and 20% was not going to happen and if we left there that day without leasing that they would just go around our land.<br></br>
Our lease is recorded but contains several errors that could render it invalid.<br></br>
I was contacted by a rude lady from Texas that told me the McGonnigles from Amerato had been fired and she was going to rewrite our lease. When I told her my family's…
We leased with them too. We were handed a check on the spot. That was a plus.<br/>
On the down side we were told that 5000$ and 20% was not going to happen and if we left there that day without leasing that they would just go around our land.<br/>
Our lease is recorded but contains several errors that could render it invalid.<br/>
I was contacted by a rude lady from Texas that told me the McGonnigles from Amerato had been fired and she was going to rewrite our lease. When I told her my family's attorney would handle it. She hung up on me.<br/>
We got 3200 and 17% not bad but could of done better.<br/>
Mike Flipping
"Non drilling partne…tag:gomarcellusshale.com,2013-07-22:2274639:Comment:4756582013-07-22T22:38:29.691ZShon Lenzohttps://gomarcellusshale.com/profile/ShonLenzo
Flipping<br />
"Non drilling partner" of EQT.<br />
To me , it means..they flipped the leases, and kept a royalty.<br />
There was a big falling out between Amarado,<br />
And the Mc Gonigles, who first showed up representing them in some capacity.<br />
Amarado leased land from two landowners next to me...<br />
.....for $500(five hundred ) an acre...<br />
I told my neighbors to form a group with me, and lease together,<br />
And that the price would go up a lot more...but they didn't listen.<br />
So, later, Amarado flipped those to EQT.<br />
I…
Flipping<br />
"Non drilling partner" of EQT.<br />
To me , it means..they flipped the leases, and kept a royalty.<br />
There was a big falling out between Amarado,<br />
And the Mc Gonigles, who first showed up representing them in some capacity.<br />
Amarado leased land from two landowners next to me...<br />
.....for $500(five hundred ) an acre...<br />
I told my neighbors to form a group with me, and lease together,<br />
And that the price would go up a lot more...but they didn't listen.<br />
So, later, Amarado flipped those to EQT.<br />
I talked to their guy on the phone....he didn't like the word "flipped"<br />
He liked to say Amarado was the "non drilling partner"..<br />
Which suggests, to me anywaythey retained a royalty after giving the landowner 12.5%.<br />
But perhaps I am mistaken about their arrangement.......non drilling partner...hmmmm..<br />
Larry Gardner, before his health problems,<br />
Mentioned better not leasing at all, than lease to Amarado.<br />
Although, Imdid consider working for them at one time,<br />
Because the pay was good.....several hundred a day, plus expenses etc to start.<br />
But I had a funny feeling about their pressure and scare tactics,<br />
At least under Mc Gonigle...and passed that job to a friend, Jeff.<br />
He later quit, saying he felt bad taking advantage of friends and neighbors<br />
In what seemed like an unfair way.....his words.<br />
I suppose, just check the lease really really well,<br />
Take the bonus money, and just maybe...five years will,expire before they drill anyway<br />
...then you could collect bonus money again.<br />
That's what I would say, about Amarado....just make sure you don't get ripped off.<br />
Why not just lease directly to EQT? I signed with them a couple y…tag:gomarcellusshale.com,2013-06-23:2274639:Comment:4647672013-06-23T17:26:05.339ZToni Robinohttps://gomarcellusshale.com/profile/ToniRobino
<p>I signed with them a couple years ago and fortunately my lease was bought by EQT. Some of the guys involved with Amarado were on linkedin and Facebook. Not sure if they still are. If you send me a private email, I can share more info for you. ToniRobino@yahoo.com</p>
<p>I signed with them a couple years ago and fortunately my lease was bought by EQT. Some of the guys involved with Amarado were on linkedin and Facebook. Not sure if they still are. If you send me a private email, I can share more info for you. ToniRobino@yahoo.com</p> Here's whats up. After some…tag:gomarcellusshale.com,2012-10-02:2274639:Comment:3519282012-10-02T16:51:22.424ZANONOMOUS! CUZ I CAN BE!https://gomarcellusshale.com/profile/csfd237
<p>Here's whats up. After some long convesations today here's what I have found out. McGonickle was a flipper who lost his backing because Amarado had the right of first refusal, and McGonickle represented himself as Amarado leasing. Now EQT is in town, trying to clean up the mess McGonickle and Allan Berry have made with these bad land deals, and making plots for their pads (makes sense) and since leases signed after february are basically S.O.L, Now McGonicle is nowhere to be found.…</p>
<p>Here's whats up. After some long convesations today here's what I have found out. McGonickle was a flipper who lost his backing because Amarado had the right of first refusal, and McGonickle represented himself as Amarado leasing. Now EQT is in town, trying to clean up the mess McGonickle and Allan Berry have made with these bad land deals, and making plots for their pads (makes sense) and since leases signed after february are basically S.O.L, Now McGonicle is nowhere to be found. Doesnt return phone calls and the office appears to be closed down. Anyone know where McGonickle is? I sure cant find him. Maybe my attorney can. Glad my lease wasnt recorded. If you signed with Amarado/Mcgonickle, good luck.</p> Amarado was in a JV. with EQT…tag:gomarcellusshale.com,2012-09-29:2274639:Comment:3506102012-09-29T10:00:27.453Zbo boboskihttps://gomarcellusshale.com/profile/boboboski
<p>Amarado was in a JV. with EQT, who was taking all the leases Amarado was signing in Guernsey co. up to bout July. They just stopped taking them,so Amarado was left holding them without the funding from EQT> Now I see EQT. is having a meet&greet @ the Deerassic Center today.Sept. 30th. Maybe they just decided to eliminate the middleman? Have"nt looked lately to see if Amarado still has their office on southgate behind Arbys.Maybe you should go there and see what"s up?</p>
<p>Amarado was in a JV. with EQT, who was taking all the leases Amarado was signing in Guernsey co. up to bout July. They just stopped taking them,so Amarado was left holding them without the funding from EQT> Now I see EQT. is having a meet&greet @ the Deerassic Center today.Sept. 30th. Maybe they just decided to eliminate the middleman? Have"nt looked lately to see if Amarado still has their office on southgate behind Arbys.Maybe you should go there and see what"s up?</p> So heres my question to you a…tag:gomarcellusshale.com,2012-09-29:2274639:Comment:3506872012-09-29T02:27:32.327ZANONOMOUS! CUZ I CAN BE!https://gomarcellusshale.com/profile/csfd237
<p>So heres my question to you all as a group. Signed with Amarado after doing some research and getting released from Shell. Signed in June 2012. Due payment on bonus 1st week of October, for which I have not received. Tried calling my landman to see the status of my lease and didnt get a return phone call back. Went to the recorders office this week to see if my lease has been recorded with Amarado, and to my surprise it hasnt been Recorded (New lease) with the County recorder. Any…</p>
<p>So heres my question to you all as a group. Signed with Amarado after doing some research and getting released from Shell. Signed in June 2012. Due payment on bonus 1st week of October, for which I have not received. Tried calling my landman to see the status of my lease and didnt get a return phone call back. Went to the recorders office this week to see if my lease has been recorded with Amarado, and to my surprise it hasnt been Recorded (New lease) with the County recorder. Any thoughts? Should I be worried?</p> Thanks ,I just called them .tag:gomarcellusshale.com,2012-07-31:2274639:Comment:3282702012-07-31T19:44:46.353ZPaul Geigerhttps://gomarcellusshale.com/profile/paulgeiger754
<p>Thanks ,I just called them .</p>
<p>Thanks ,I just called them .</p> When i was talking to them la…tag:gomarcellusshale.com,2012-07-31:2274639:Comment:3283662012-07-31T17:37:59.097ZL.O.https://gomarcellusshale.com/profile/jsy
When i was talking to them last year it was. 740 255 3145
When i was talking to them last year it was. 740 255 3145 Do you have a phone # for Ama…tag:gomarcellusshale.com,2012-07-31:2274639:Comment:3279702012-07-31T11:02:26.998ZPaul Geigerhttps://gomarcellusshale.com/profile/paulgeiger754
<p>Do you have a phone # for Amarado in Cambridge</p>
<p>Do you have a phone # for Amarado in Cambridge</p>