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.
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Your baseing this solely on what mineral buyers are offering?
Permalink Reply by Harry E. Rose on December 18, 2013 at 5:24pm
Permalink Reply by Rick on December 18, 2013 at 5:27pm 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 18, 2013 at 6:04pm 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 18, 2013 at 6:39pm 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 Rick on December 25, 2013 at 10:01am 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 3:20am 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....
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 4:30am 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.
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.
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