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Permalink Reply by Philip Brutz on December 17, 2014 at 7:47am

Most landowners in the Utica still have 2 or more years left on their leases.

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Permalink Reply by mark ondrusek on December 17, 2014 at 7:52am

in western beaver county chk is letting tons of leases expire!

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Permalink Reply by Mtneer on December 17, 2014 at 8:44am

Many leases about to expire in northern Washington County, PA. With Range's recent utica test well results and new players exploring Range and Chessie's expiring/flipped leases, respectively, in Beaver and Hancock County it may get interesting.

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Permalink Reply by Nancy LeNau on December 17, 2014 at 2:50pm

My farm is in Hookstown, PA.  Greene Township, Beaver County.  I still have 1 1/2 years left with CHK. My understanding is Range is buying out all CHK. leases south of the Ohio River. ( I sure hope so )   My neighbor was approached by Range to sign for $ 2,500.00 per acre at 17 %.  

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Permalink Reply by jason irvine on December 17, 2014 at 1:17pm

Good question. I have property on the wetzel tyler county line in wv. Our lease expires in january. I hope someone will sign us. I think we are in a good area so I hope it ain't a problem.

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Permalink Reply by Robin Hood on December 17, 2014 at 4:41pm

If Chesapeake is letting" tons of leases expire in Beaver county", then I would speculate that they can't find a buyer at the price they are asking. A prespective buyer is gambling that a new lease with the landowner will be cheaper then buying it from Chesapeake.

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Permalink Reply by Ohiosam on December 18, 2014 at 3:32am

Not only cheaper but better terms.

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Permalink Reply by Gary on December 18, 2014 at 7:36am

I was under the impression that the Southwestern purchase of CHK's leased acreage in PA and WV included Hancock county leases..does anyone know if that is true?

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Permalink Reply by Nancy LeNau on December 18, 2014 at 2:47pm

Gary, I am pretty sure I saw a map that SWN  is in the process of leasing all of Hancock, also some in Tyler County, Great news for these folks !  

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Permalink Reply by Mtneer on December 18, 2014 at 2:05pm

Southwestern (SWN) has acquired a large number of Chesapeake leases in the areas in question already.

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