Utica offer in Greene County - GoMarcellusShale.com2024-03-28T19:03:22Zhttps://gomarcellusshale.com/forum/topics/utica-offer-in-greene-county?commentId=2274639%3AComment%3A730369&feed=yes&xn_auth=noYou ain't wrong!
You could ge…tag:gomarcellusshale.com,2016-05-02:2274639:Comment:7315632016-05-02T12:32:26.185ZPaul Butlerhttps://gomarcellusshale.com/profile/PaulButler
<p>You ain't wrong!</p>
<p>You could get locked up forever with a loser operator for $1,500/acre.</p>
<p>If I believe any one county is going to get white hot again--it's Greene. </p>
<p>I thought Waynesburg was the coolest place and loved that whole area. </p>
<p>Good luck up there. </p>
<p>Watch out for sketchy operators with sketchy plans and even sketchier employees!</p>
<p>Instead of rats, they want to use people pretending to be Landmen in laboratory experiments because then they won't…</p>
<p>You ain't wrong!</p>
<p>You could get locked up forever with a loser operator for $1,500/acre.</p>
<p>If I believe any one county is going to get white hot again--it's Greene. </p>
<p>I thought Waynesburg was the coolest place and loved that whole area. </p>
<p>Good luck up there. </p>
<p>Watch out for sketchy operators with sketchy plans and even sketchier employees!</p>
<p>Instead of rats, they want to use people pretending to be Landmen in laboratory experiments because then they won't have to worry about the staff getting attached to the subjects and because there are some things rats won't do.</p>
<p></p> Perhaps that is average in Ti…tag:gomarcellusshale.com,2016-05-02:2274639:Comment:7316342016-05-02T12:21:14.254ZLynn mudderhttps://gomarcellusshale.com/profile/VickiHerold
Perhaps that is average in Tioga, I don't know about that area. But I would never consider that offer in Greene, someone tell me if I am wrong.
Perhaps that is average in Tioga, I don't know about that area. But I would never consider that offer in Greene, someone tell me if I am wrong. 1500 at this time seems to be…tag:gomarcellusshale.com,2016-05-02:2274639:Comment:7315602016-05-02T12:17:10.456Zpalefacehttps://gomarcellusshale.com/profile/paleface
<p>1500 at this time seems to be the average price in Tioga co. Pa</p>
<p>1500 at this time seems to be the average price in Tioga co. Pa</p> Wait for a fair offer. While…tag:gomarcellusshale.com,2016-04-29:2274639:Comment:7311942016-04-29T23:18:56.250Zsldouglasshttps://gomarcellusshale.com/profile/sldouglass
<p>Wait for a fair offer. While prices of O&G are down, a temporary situation, you can expect the guys with the money to take advantage of the situation with low offers. This may be your last bargaining moment before they move in on you. At some time your property is likely to be NEEDED. But you have to think long term. Look up what Texans pay Texans for their stuff - and it is not as good as the stuff in Appalachia, particularly if you lease all the different productive layers that…</p>
<p>Wait for a fair offer. While prices of O&G are down, a temporary situation, you can expect the guys with the money to take advantage of the situation with low offers. This may be your last bargaining moment before they move in on you. At some time your property is likely to be NEEDED. But you have to think long term. Look up what Texans pay Texans for their stuff - and it is not as good as the stuff in Appalachia, particularly if you lease all the different productive layers that will produce.</p> Guy,
One rule to live by…tag:gomarcellusshale.com,2016-04-28:2274639:Comment:7312312016-04-28T19:44:21.258Z0ym9x5ag7ury2https://gomarcellusshale.com/xn/detail/u_0ym9x5ag7ury2
<p>Guy,</p>
<p> One rule to live by is to never sign a Lease or Right Of Way Contract as presented by the company landman.</p>
<p>Find a good O&G Attorney to read the document you are given by the landman and explain why you shouldn't sign it. Then have the Attorney re-write the document, or use one of his leases written to favor the landowner and not the company who wrote it.</p>
<p>Companies write documents that most people don't understand the significance of, and most paragraphs…</p>
<p>Guy,</p>
<p> One rule to live by is to never sign a Lease or Right Of Way Contract as presented by the company landman.</p>
<p>Find a good O&G Attorney to read the document you are given by the landman and explain why you shouldn't sign it. Then have the Attorney re-write the document, or use one of his leases written to favor the landowner and not the company who wrote it.</p>
<p>Companies write documents that most people don't understand the significance of, and most paragraphs protect the interest of that company. Landowners need to have leases written that favor the landowner from the first page to the last, so when the producer gets greedy there is something for the lawyer to use to correct their behavior. </p>
<p>My lease is 16 pages long and it's apparent that the producer is in violation of most paragraphs. They are interested in the Arbitration Clause that they were able to get added to the contract, that's about the only portion of the lease they would like to see enforced. I have other legal plans.</p>
<p>A thief should never ask his victim to sit down and talk about the theft, and the law should never allow the same. That's why most states have an Attorney General. Ohio lost their ag some time back. I know because his Rep told me "The Laws Of Ohio Don't Apply To Oil and Gas Companies" which is false. I wrote down what I was told by the Rep. BUSTED!</p> I agree Lynn. Avoid the tempt…tag:gomarcellusshale.com,2016-04-28:2274639:Comment:7311492016-04-28T19:04:49.539ZJohn B.https://gomarcellusshale.com/profile/JohnBrandon
I agree Lynn. Avoid the temptation to sell, unless it is an absolute necessity.
I agree Lynn. Avoid the temptation to sell, unless it is an absolute necessity. Please do not "sell" your rig…tag:gomarcellusshale.com,2016-04-28:2274639:Comment:7313132016-04-28T19:02:10.221ZLynn mudderhttps://gomarcellusshale.com/profile/VickiHerold
Please do not "sell" your rights unless you are totally desperate. Greene county should be a very productive area and you can reap many times that amount. Be patient, I believe Greene county will be one of the first areas to be drilling as soon as things pick back up.
Please do not "sell" your rights unless you are totally desperate. Greene county should be a very productive area and you can reap many times that amount. Be patient, I believe Greene county will be one of the first areas to be drilling as soon as things pick back up. See the PPG article I posted…tag:gomarcellusshale.com,2016-04-28:2274639:Comment:7310082016-04-28T16:18:57.041ZPaul Butlerhttps://gomarcellusshale.com/profile/PaulButler
<p>See the PPG article I posted today on Rice trying to buy 27,000 Greene County mineral acres, in fee, for $7,500/acre, out of the Alpha Bankruptcy. </p>
<p>That's less than it was recently leased for.</p>
<p>The creditors are going to scream bloody murder and Rice will get its backside handed to them and look badly in the process.</p>
<p>Locals should contact the Bankruptcy Trustee and offer $10,000/acre. </p>
<p>CHK sells leases, akin to ice cubes, for $30,000.00 acre.</p>
<p>Jump on…</p>
<p>See the PPG article I posted today on Rice trying to buy 27,000 Greene County mineral acres, in fee, for $7,500/acre, out of the Alpha Bankruptcy. </p>
<p>That's less than it was recently leased for.</p>
<p>The creditors are going to scream bloody murder and Rice will get its backside handed to them and look badly in the process.</p>
<p>Locals should contact the Bankruptcy Trustee and offer $10,000/acre. </p>
<p>CHK sells leases, akin to ice cubes, for $30,000.00 acre.</p>
<p>Jump on it. </p>
<p>I would be on those minerals like a duck on a June Bug, but I'm tied up with industry dead beats, blow-hards and no accounts in Texas.</p> From my limited experience in…tag:gomarcellusshale.com,2016-04-28:2274639:Comment:7312172016-04-28T15:27:18.300Zrmchttps://gomarcellusshale.com/profile/RobertMCrow
From my limited experience in the Greene county area once you start receiving unsolicited offers for leasing or purchasing mineral rights some company usually has plans on developing that specific area in the next couple years.<br />
Of course I have seen the companies come and go on my farm
From my limited experience in the Greene county area once you start receiving unsolicited offers for leasing or purchasing mineral rights some company usually has plans on developing that specific area in the next couple years.<br />
Of course I have seen the companies come and go on my farm I received an offer last nigh…tag:gomarcellusshale.com,2016-04-28:2274639:Comment:7309942016-04-28T13:02:08.310ZGuy Smithhttps://gomarcellusshale.com/profile/GuySmith
<p>I received an offer last night from a Rice rep "landman" $1000/acre/18% yearly/until production for 5 years (with some kind of renew option. ) Greene County / Wayne twp. but NOT for Utica Only. all depth.</p>
<p>Wondering if anyone else in Greene/Wayne getting offers from Rice or anyone else? </p>
<p> He mentioned Rice has acquired or will acquire Alpha leases in that area. </p>
<p>Also currently have an offer to "BUY" O&G rights at that same Greene/ Wayne TWP for $7500/acre from…</p>
<p>I received an offer last night from a Rice rep "landman" $1000/acre/18% yearly/until production for 5 years (with some kind of renew option. ) Greene County / Wayne twp. but NOT for Utica Only. all depth.</p>
<p>Wondering if anyone else in Greene/Wayne getting offers from Rice or anyone else? </p>
<p> He mentioned Rice has acquired or will acquire Alpha leases in that area. </p>
<p>Also currently have an offer to "BUY" O&G rights at that same Greene/ Wayne TWP for $7500/acre from another company.</p>
<p>.Any advice is greatly appreciated.</p>