Leasing offers around Amsterdam

My farm is actually at Wolf's Run outside Amsterdam in Springfield twp.--138 acres...I just recvd. another letter about leasing yesterday...so that makes 3 offers....plus the 2 law firms in less then 2 weeks....

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Permalink Reply by Corvette on September 14, 2014 at 1:32am

A land man from Kinder Morgan told me yesterday that the owner of 22 acres just got $9000 an acre and 25%. He didn't say where but told me prices are rising.

Permalink Reply by bo boboski on September 14, 2014 at 1:59am

That's great, but, what state?what county? what twp.? How are the completed wells nearby doing? As far as Amsterdam area goes., out of all the hundreds of wells Chesapeake has drilled, some of the best ones in Ohio,as far as Gas goes, are nearby! Evans/Woodlands. not drilled yety,but in between the Woodlands and Evans, will be the Stropki and Jane Ann wells. They should go to or under the town.

Permalink Reply by Corvette on September 14, 2014 at 2:41am

Bo, if he stops by again I'll find out where. Kinder Morgan is surveying around me but not on my property. He just stopped to make  sure I would be alright if they were on the edge of my property. Unlike Sunocco I enjoyed talking to him.

Permalink Reply by Jeffrey L. Rubis on September 15, 2014 at 4:07am

Thank you so much Bo for all your information....I really appreciate it! I can't see accepting anything under $5,000....we presently harvest the land for timber with DeNoon so there are many things to consider before we jump into bed with the oil and gas people...

Thanks again!!

Permalink Reply by John doe on September 14, 2014 at 2:09pm
$5700 and 20% gross with surface rights. Don't accept anything less. If you ask for a non-surface it's going to be less. Get in with a group. Cheatapeak is tough to negotiate with without some leverage. Insist on a gross lease. Just my two cents.
Permalink Reply by Jeffrey L. Rubis on September 15, 2014 at 4:11am

I appreciate your info John...Have you heard anything about this Cougar Land Services from Carrollton?

Permalink Reply by Tom Ault on October 10, 2014 at 1:38pm
Hi Jeff,
Cougar contacted me as well. Would like to talk to you as I have land in your area also. Contact me if interested.
Permalink Reply by Tom Ault on September 29, 2014 at 2:55am
Hi Jeff, I live in that area, give me a call and we can share some information. I am unleased as well and we might be able to help each other out.
Tom
740-317-6002
Permalink Reply by bo boboski on September 29, 2014 at 8:57am

Tom. Dealing with Cheasapeake around Amsterdam. They wont be offering anymore than $3500 per acre signing bonus and 15% royalties. The claim they will not go any higher and will forcepool if necessary. They claim that those #s are fair market value! Good luck trying to get anymore,and if you can, please let the rest of the unleased in that area know.  THX

Permalink Reply by Tom Ault on October 10, 2014 at 1:33pm
Looking for unleased in that area to pull together. If there are any out there please contact me
Permalink Reply by Jeffrey L. Rubis on November 10, 2014 at 5:18am

Tom have you heard anything from these Green "something" people? about buying your mineral rites? I heard they were offering $7,000 per acre.....Also some of the contracts they are offering are for partial selling if you want.....

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