I have signed a lease with Ascent Resources for my property in Ohio. The order of payment says 120 days to pay. Does anyone know if they pay early or if they will take the whole 120 days? Just trying to get a feel for what is typical payment history for them.
Listen here .fIRST OF ALL WE ARE NOT BUDDIES!!! You're an Ascent Resource shill. I've researched all negative posts on Asecent or AEU or whatever name they call themselves these days. Matt the pimp is there to defend Ascent AEU Grreat River AEP whatever. All one has to do is google Ascent Resources and lawsuits and all will be revealed. I posted links of hundreds of people who were never payed and missed opportunities because of these crooks. Ascent is one of the worst to be leased with.
SO MATT WHAT IS YOUR CONNECTION TO ASCENT? DO YOU OR A FAMILY WORK FOR THEM OR LEASE FOR THEM???
orange energy--->great river------>to american energy partner-----american energy appalachia----to american energy utica-------to Ascent resources. None of the leasing companines exist anynore they were created just to sign leases and dissolve when it was time to pay the piper. The land group in bridgeport East Ohio Utica Group won't sign people up and on their website they acknowledged many people were never paid.
Anyway you've been warned believe me or believe the Ascent shill. There another thread on here about Ascent screwing land holders.
Unless your lease say otherwise, they can choose calendar or business and will surely choose business to give themselves more time.
I had a choice last fall between Ascent and Gulfport; one of the differences is that Gulfport was willing to reduce their timeline to 60 calendar days and Ascent was firm on 120 business days, which could approach 7 months depending on how many weekends and holidays they claim.
My lawyer has dealt extensively with both and feels strongly that Gulfport is better for landowners.
Ascent is far from perfect, that said they are one of the better producers in this region and their hedging program appears to be at the top as well . They are consistently paying at or near the top for gas and other hydrocarbons . Be patient you are with one of the better ones as far as being produced goes. As for leasing they are all difficult . Just a humble opinion but with experience.
yeah tell that to the Palestinians. You god darned shill!!!!!