Replies to This Discussion

Permalink Reply by AllenBickel on April 11, 2013 at 5:43pm

Mine was $7,000. Clear title on land. Signed document from coal company that they wouldn't interfer with drilling for gas or oil. No good reason from Antero except that it was out of their drilling area.  LOL.

Permalink Reply by AllenBickel on April 11, 2013 at 6:17pm

Yea, good bonus except they are not going to pay. Ravens Rock is not leased and does not want any wells drilled on their land according to my attorney that has been handling the lease. That does not say that they may not consider allowing wells to be drilled "under" their land from adjacent property. I'm not sure who the neighbors around are leased with but most of them leased in the first go around and got very little.

Permalink Reply by AllenBickel on April 11, 2013 at 6:45pm

That's the group. I believe because they will not allow a surface well that my property is in a good spot. I can wait. Time will tell.

Permalink Reply by Philip Brutz on April 11, 2013 at 8:35pm

I know the people who own Raven Rocks.  They will never allow drilling under their land.  They own over 1000 acres, to big to force pool.  I am sorry that it hurts your chance to lease.

Permalink Reply by Ripley's Believe it or Not on April 12, 2013 at 11:30pm

Why would they not let them drill under them, doesn't make much sense when 4 years ago they let the gas line come through and in the late 60's let the powerline come above the ground ???

Permalink Reply by AllenBickel on April 11, 2013 at 10:11pm

Not all wells are drilled in the SE direction. I know of three that are in the NW direction and one is 8,000 ft horizontal.

Permalink Reply by Philip Brutz on April 12, 2013 at 1:12pm

I am sure that the owners of Raven Rocks would be willing to talk with you.  I am not sure if it would change their minds but at least you would have a better understanding of their motives

.

Permalink Reply by tillacat on April 11, 2013 at 7:28pm

Can I ask where you are located?  We signed for the same but are in Western Goshen Township.  We signed in November but haven't heard anything yet.  Looks like they have a drilling unit up north of us but I am not sure if it will include us or not.

Permalink Reply by AllenBickel on April 11, 2013 at 10:11pm

Wayne township, south side.

Permalink Reply by Finnbear on April 12, 2013 at 9:56am

You signed a lease that gave Antero an out for anything other than clouded title?

Permalink Reply by AllenBickel on April 12, 2013 at 12:59pm

Have you ever read a 19 page lease with all of the legal double talk? The way things are worded they have the option of not picking up the lease at the end of the 120 days. The reason they gave my attorney was just BS and smoke. To fight the issue when there is not better than a very good chance to win is not worth the time and costs. I can wait until the intrastructure is developed to support production and the gas companies truely get serious.

Permalink Reply by Finnbear on June 18, 2013 at 10:19am

Yes, I've read dozens and dozens of them. I read them over and over, using a dictionary at the same time, until what I read made sense. I also read and understood all 20 some pages of the lease I did end up signing and recently got paid for. You should have read yours too, over and over, until you understood it fully, possibly hiring someone to break it down and make sense of it for you. You should NEVER sign any type of contract without knowing exactly what is in it (unless you're running for Congress where that sort of ignorance seems to be a job qualification these days).

• ‹ Previous
• 1
• …
• 5
• 6
• 7
• 8
• Next ›
• Page