Interested in comments about a new lease that
Can Unitize non-contiguous property.
Can increase-decrease or exclude all acreage.
I think this will be part of a cross-drilling Marcellus unit with no acreage limits, therefore there is no way to understand the property owners' interest in computing the royalty based on old standards.
That leads us to language in Act 85 that states the Gas Co. determines the " Reasonable Royalty. "
How can we move forward with lease offers with this type of language?
Apparently, their take on the lease is "take it or we go around you and take your gas anyway". " Rule of capture "
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Jeff replied to Petroleum Attorney 1976's discussion 'FYI- Mineral Owners in the State of Ohio (Utica Shale area's)'
dean alan wohnhas replied to John W. Howard, CPL's discussion 'the Marcellus Shale - Its History and Importance to Both Appalachia and America'
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