Western Land Service have asked me to sign an option( 5 year) for a permanent right of way from Southern Oakland township Butler county, Pa. to Renick well site in Center Township ( where a proposed compressor location will be ). They are willing to pay the outrageous sum of 200.00 US dollars for this option( sarcasm ). The actual pipeline agreement is even worse. Has anyone else been contacted? Will any of you guys or gals provide your comments about this? I'm not that naïve to even consider signing these documents as they are proposed. Just trying to decide if it is worth my time to hire an attorney to make changes or is Western Land Service trying to flip these right of ways to the highest bidder.
I would assume they are working for Rex. Did they say anything different? How much will they pay you per foot for the ROW? I heard Rex was paying $45 per foot last year if they exercised the option.
a few years ago when i signed a lease they were representing Hilcorp
Thanks Geo5 and M.A.B. Any idea what I should price the option agreement per year?
Thanks Michael motorcycle, appreciate the valuable information.