Activity in Clarion County

 

Hi - there has been recent activity and offers circulating within Clarion County.   ABC, Tri County and also Troese Fryburg groups have all been in some process of receiving bids from gas companies.   it is hard to discern the robustness of the offers since the names of actual gas companies are not revealed.    More like gathering a collection of acreage to present to them.  A concern from a land owner might be that one can tie up their land for an extended period and not have the recourse to join another group if for some reason no drilling occurred. 

 

Can anyone weigh in on this- specifics are welcomed.

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Replies to This Discussion

Permalink Reply by john ginkel on November 26, 2011 at 10:58am

Thats the chance you take when signing a marketing agreement with a land group, if there is no agreement then you would be able to "shop around". FYI..ABC is no longer a group, they released everyone and disbanded about a month ago..

Permalink Reply by John Soroka on November 27, 2011 at 3:17am

Shell and Enerplus are ramping up leasing activity in Clarion county.

Permalink Reply by Mat B on November 27, 2011 at 5:29am

I recently spoke with the landman working for Shell and he said they were not leasing in Clarion County. 

Permalink Reply by John Soroka on November 27, 2011 at 5:47am

They may have concluded their funding allocation for 2011 and are forward looking to 2012.

I know the interest is there.

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