Mega Wells in Noble & Monroe Co.

   Its seems Antero has the new biggest and best wells. It looks like anyone on the Noble , Monroe Co lines near Rt. 513 are going to be the biggest winners in the oil and gas quest. I have heard that HBP wells in this area are getting Royalty buy out offers of $14,000 an acre from Oklahoma City...This will make the land holders eyes light up.  But from what the wells are capable of are only a drop in the bucket of what the royalty payment will be..  Keep in mind that Antero is Part of XTO and XTO is EXXON MOBLE.

Views: 3649

▶ Reply to This

Replies to This Discussion

Permalink Reply by Bill Barnaby on December 18, 2013 at 11:15pm

Your baseing this solely on what mineral buyers are offering?

Permalink Reply by Harry E. Rose on December 18, 2013 at 11:24pm
What proof do you have that Antero is part of XTO?
Permalink Reply by Rick on December 18, 2013 at 11:27pm

I was going to sell out to mineral buyer and no sure yet! I am trying to hold off! But it is hard anymore the O&G companies won't tell anyone anything since they interred into the market. They won't even tell any  of there workers much.

Permalink Reply by Bill Frost on December 19, 2013 at 12:04am

  I sold my Beck Energy lease to Antero and the check came from XTO,, Theres your proof.  And Exxon bought XTO about 5 years ago.  look it up. So he is right. The big boys know where to put there money.  CHK is a 20 Billion company,  Exxon is 400 billion,, WHO DO YOU WANT TO BE YOUR DADDY????

Permalink Reply by Rick on December 19, 2013 at 12:39am

What is the name and number of the OKLAHOMA company that is offering that kind of money? Maybe I'll talk to them..lol

Permalink Reply by Jim Ruff on December 19, 2013 at 6:38am

West Hawk Minerals 877 978 4295

Permalink Reply by Rick on December 25, 2013 at 4:01pm

I sent Westhawk email because I already there information on file, And they sent reply that they aren't offering 14k in any state.

Permalink Reply by searcherone on December 19, 2013 at 9:20am

West Hawk Minerals incorporated in 2012 operates as a subsidiary of Gulfport Energy.   Soooo  it is Gulfport who believes in and obviously knows the Utica.  West Hawk has bought some minerals in Monroe Co where the Utica is dry and the Marcellus is wet. 

http://investing.businessweek.com/research/stocks/private/snapshot....

Permalink Reply by TJ on December 19, 2013 at 9:45am

Antero is NOT a part of XOM.  They were a private company based in Denver that just recently went public.

Permalink Reply by Jim Ruff on December 19, 2013 at 10:30am

But they are backed by XTO or there is a conection ,  And XTO is part of XOM.  And does anyone disagree with me that the southern Utica is way better than the north Utica ,Nothern Harrison on up.  Rt 22 south is where the action is with the big wells. Just ask Chesapeake now.  They moved big now western Belmont and I bet they would love to have Antero or Consol Land.

Permalink Reply by TJ on December 19, 2013 at 10:35am

Without knowing the exact situation, it sounds like XTO has acreage in an Antero operated unit.  They elected to participate in the unit as opposed to trading leases.  In that case, you should receive royalty checks from both Antero and XTO. And yes, you are correct. XOM owns XTO. But there is no tie between Antero and XTO/XOM otherwise.

Permalink Reply by Jim Ruff on December 19, 2013 at 10:48am

I wiil agree that they may be working as partners in land or wells. But there is some connection

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service