hi everyone; is there anything new here? it's like a dead zone. does anybody know if the gas and oil companies are going to start leasing and drilling here? any news will be appreciated. thank you dave.
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Hi, Dave. Where are you? I'm in Tioga County PA and don't know much. Deb
Pretty sure the NG price, both current and projected, will keep things quiet for quite a while.
Leasing, both new and renewals, will be under extreme scrutiny by the E&Ps to be able to show a positive ROI in this low price environment.
Not to say that leases will not happen, but at a much slower and measured pace. The promised glut worldwide has materialized.
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