New Group forming in Belmont County.....deal by November.

Lensman & Associates is forming a group in Belmont County.  Anyone with acreage in Belmont County should contact this firm quickly if they are tired of waiting for an offer.  They will submit bid packages October 10th and finalize bids on November 5th.  They are negotiating to get the full bonus before December 31st so it applies to 2011 taxes.  Taxes are almost guaranteed to increase in 2012 for both federal and state.  With the recent announcement from Chesapeake about the production of the well in Harrison County, this offer should be fairly good.  The XTO deal a few weeks ago is looking like 19% on the net royalty, not on the gross and $4950/acre bonus.  The new deal should be better than what XTO was offering. 

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Replies to This Discussion

Permalink Reply by adam sorell on October 9, 2011 at 12:26pm

harris is a real estate brokerage but i heard the owner Jim harris owns a few hundred acres around belmont county. I never heard any good  things about him.

 

www.jimharrisrealestate.net



 



Permalink Reply by Mickgyver on October 9, 2011 at 4:30pm
Hello where are your acres located or does your family have some acres here near belmont county . I saw you were looking for a group I believe and Belmont County has a good strong one .
Permalink Reply by Michael Lawrence on October 9, 2011 at 12:11pm

rice energy is your best bet to get drilled in belmont county  pleasant view management in st clairsville is the leasing arm.. they are one of the best producers of gas in PA... bring drilling rigs to belmont county..

Janice Lanphere HancharickPermalink Reply by Janice Lanphere Hancharick on October 9, 2011 at 12:22pm
I just pulled up the top PA gas producers in Marcellus & Utica shales between January and June of this year. Neither of those names are on it.  What depths are they the top producers in?  Am I mistaking best for tops?  The listing came off a Penn State site.
Permalink Reply by adam sorell on October 9, 2011 at 12:28pm
rice is a landman, paying $2000 an acre and 15%
Permalink Reply by Oil and Gas nightmare on October 11, 2011 at 5:25am

 i signed with them, different county..they partnered with Alpha Shale Resources, so a lot is in that name..

 

you can look at the epa website for permits and then production reports to see for sure who is in your area.. :)

Permalink Reply by Mickgyver on October 9, 2011 at 12:26pm
Hello Are you in that office
09bp5t05myjl3Permalink Reply by 09bp5t05myjl3 on October 28, 2011 at 12:31pm

Pleasant view is wishgard just be warned, Michael Lawrence is with wishgard ! it is getting disgusting these flippers coming on here pretending they are not & trying trick people!

 Worse yet they want to tout how they educate & help people! then why the constant deceit!!!!!!!!!!!!!!

Permalink Reply by Deborah Storch on October 28, 2011 at 7:10am

Is it too late to get in on this deal?  We have property in Kirkwood Township in Belmont County.

 

Permalink Reply by Finnbear on October 28, 2011 at 7:59am
Are you pressed to get paid quickly?
Permalink Reply by Deborah Storch on October 28, 2011 at 10:36am

no

 

Permalink Reply by Finnbear on October 28, 2011 at 1:59pm
Have you considered the Smith-Goshen group?

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