Crawford County, You are now HOT! What will you do?

Near as I can tell, right now we have 3 options;

   1 &2)  Join a group.

                a) NWPA Landowners

                or

                b) CX energy.

 

   3) Negotiate on your own.

 

To start this discussion, are there any other options out there?

Views: 20812

Replies to This Discussion

Permalink Reply by Sam Douglass on September 13, 2012 at 12:49pm

"Good things come to he who waits."

Permalink Reply by Douglas W on September 13, 2012 at 1:37pm

Yep

Permalink Reply by Linda A on September 27, 2012 at 3:19pm

well, yes and no - you wait too long and they could pass you by... if a decent offer comes along, I would seriously consider it...  to counter your 'saying': "A bird in the hand is worth two in the bush."

2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on December 29, 2013 at 4:20pm

Yes, let's 'do see', Sam...good things DO come to he who waits...now close to 2014...now being said that Mercer Co getting 'action', Crawford?...it IS there, just wait & you'll see.

As one light lights another, now grows less - so nobleness enkindles nobleness.

...be comin' round the corner when they come - ye'haw!

...Houston, - Pa is on the radar - we know it is there, over..."Sharon, PA Interesting" - Go Marcellus & Utica Shale: Leasing,...

...in-ter-esting...VERY interesting...he said, she said....

Permalink Reply by Sam Douglass on September 13, 2012 at 1:02pm

Craig has a lot of interesting thoughts.  It is not necessarily easy quick money.  It is all going to take a while to sort itself out.  There appears to be a lot of good stuff under the surface, some places - good stuff in different layers with some better than others.  The companies have a lot of choice but eventually virtually every piece of land is desirable.  Pipelines to accept and take away volumes of gas are already being planned and rights of way are being acquired.  In other areas there are a lot of wells drilled and shut-in waiting for production to begin.  And even where one company can be said to have control it will need to fill in the blanks.

Permalink Reply by james on September 12, 2012 at 7:38am

Linda, we signed in Mercer county for $3500 an acre bonus and 18% royalties. Western Land services goes out and leases property where the gas/oil companies request them to. Here is the number for them, 1-800-968-4840, last time I called them and ask about Crawford County they werent interested yet. Good Luck.

Permalink Reply by Linda A on September 12, 2012 at 9:34am

thanks james - what township are you in?  My bro-in-law may be in same group...

Permalink Reply by james on September 12, 2012 at 9:56am

Springfield township.

Permalink Reply by Linda A on September 12, 2012 at 11:23am

thanks again james!

Permalink Reply by Michael P. Davidson on September 27, 2012 at 2:28am

I had 14 acres previously signed with cx and just signed my remaining 62 acres with them yesterday.

I still feel they are the ones that will get a deal done.

Hopefully they learned from the Mercer issue

 

Permalink Reply by Michael P. Davidson on September 27, 2012 at 3:35am

South Shenango 62 acres and west shenango 14 acres.

I have friends that were the lucky people in Mercer County.

 

it was just hard to believe that group went from like 25,000 acres at signing and then to 60,000 acres after,  thats why I think people need to put there property up for the negotiations and not jump on the wagon after.

 

at $3,850 per acre thats alotta extra cash the O&G company would have to pay out. probably not much to them but way more than I can Fathom !!

Permalink Reply by Linda A on September 27, 2012 at 4:06am

Michael,

are you saying the group initially was 25k and when people 'heard' about the offer, then the rest signed up or tired to sign up or expected to be part of the group? 

Please be a little more specific... Could that be why so MANY were disappointed?

Thanks Michael

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service