Replies to This Discussion

Permalink Reply by Joseph-Ohio on June 18, 2012 at 1:36am

@ Bryan:

Your're talking to the wrong guy about patience and the lack of it.

I know I can sign with any group I want to or no group at all if it suits me - that goes for me or anyone.

This site's / forum's sole purpose is for neighbors to share information.

I call writing and reading these posts a sharing / exchange of information and a demonstration of neighbors working together on the highest order as it is not only a one on one exchange but an exchange between a group / many groups interested in the same thing.

I can't see where any of my posts demonstrated not working together, or as working against what I consider to be the common good of all interested Landowners, or not being neighborly, or as being impatient.

Permalink Reply by Mike T. on June 18, 2012 at 12:02pm

Well said Joseph-Ohio

We're all in this together one way or another. The more questions being asked the more it's going to help in the long run. I see nothing wrong with asking your neighbor in a way to get better information for your own decision.

Permalink Reply by Michael Temple on July 3, 2012 at 2:55am

You are correct about HBP acreage in Ashtabula...There has been a lot of historical drilling done in the county. Not sure if the majors will or won't come into Ashtabula in a big way...Nevertheless, the prices being paid seem to substantiate that Ashtabula is prospective for being in the fairway. In the end, that is what seems to matter.  HBP acreage does not seem to be holding back Blackridge given the prices they are paying.

Permalink Reply by Depolarized Farmer on July 3, 2012 at 11:29am

HBP acreage in an area is a big advantage for larger drillers looking to acquire large positions quickly.  It's easier for them to acquire a portfolio of deep rights from a few local drillers with conventional shallow wells vs. having to negotiate new leases with scattered landowners who naturally having increasingly high expectations for their future bonus payment and royalty percentage.  Besides acquiring a more driller-friendly lease, all of the HBP acreage they acquire doesn't require immediate deep drilling since its already HBP...  the acquirer can take their time and be more strategic.

Be patient... these bulk acquisitions will come in due time.

Permalink Reply by shantycreekfarms on June 18, 2012 at 3:04pm

Did anyone go to any meetings with Blackridge? Never heard of any informational meetings with them.

Permalink Reply by Joseph-Ohio on June 20, 2012 at 10:01am

I posted this a couple of times previous but when I return I find that the post has been lost or deleted.

Trying again below:

Looks like Sinopec (SNP) is looking real hard at Chesapeake's unconventional oil and gas play offerings.

Sounds like funding is somewhat of a challenge for them as they are already 'leveraged' significantly in the eyes of their backers.

Check it out.

http://www.ft.com/cms/s/0/0e8ac61a-bac5-11e1-81e0-00144feabdc0.html

What's your read / opinion ?

Kindest way for me to describe it would be as a real 'good news - bad news' story.

(Link Not Working - Apologies) But, if you do a search for Sinopec, Chesapeake you'll be presented with sites reporting these current events.

Permalink Reply by Jeff Kinz on June 25, 2012 at 4:03am

 

 

Chesapeake and rival plotted to suppress land prices

 

 

 

Permalink Reply by Joseph-Ohio on December 19, 2012 at 8:43am

Just read something I think is important regarding EnerVest buying Chesapeake's Utica leasehold acreage.

Click on the link that follows:

http://www.upstreamonline.com/hardcopy/news/article1300698.ece

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