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I have some land in Bedford Twp Coshocton as well. I am optimistic, but its hard to say if the area will be lucrative at this time. We will have a better idea once results from the surrounding wells in Knox, Coshocton and Muskingum County come in. Its a waiting game at this point.
Tom, I think it is only a matter of time before things heat up in coshocton county. I think when results are announced for the Mill Creek well along with the wells that are close neighbors to Coshocton county (Troyer and Beachy in Tusc, RHDK in Guernsey, etc.) then we will all have a better idea of what to expect. I understand you not wanting to join a landowner's group - they are not for everyone. But you should consider getting an experienced oil and gas attorney involved at some point. The Oil and Gas companies have hoards of attorneys preparing their leases. A few seemingly harmless words in a lease can have a profound impact on potential income and potential problems with how your land is used. Good luck and I hope your family prospers from your efforts!
I think that is the "Consol CR 718" well which is a verticle well in the Ohio Shale. The "Consolidated Coal Unit 2-H" which is permitted as a horizontal well in the Point Pleasant is shown on Black Snake Lane in the Tri-Valley Wilderness area. There is no activity at that location.
Thomas, I have to agree with Utica Shale. You will be robbing your grandchildren to pay an O&G company if you simply accept the terms in their standard lease. Do yourself and the grandkids a favor and get proper legal representation. Granted, we all dislike them, but we still need them for negotiations like this because the other side has them already.
Thomas, Dick Emens is associated with the Coshocton County Landowners group. They just met on Wednesday. I didn't mention it because you wrote that you didn't like landowner groups. they are headed up by Larry and Todd Endsley. I think it is a good group and has provided a lot of info to us landowners. The group has about 20,000 acres signed up and are still accepting some larger parcels or parcels adjacent to current members of the group. I would encourage you to talk to them if you haven't already. (Full Disclosure: I am a landowner member in the group only. I would not benefit monetarily if you join. I am just trying to pass along some info to a fellow landowner.) Good Luck.
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