Did Encino buy out Ironhead ?

A few folks have told me our leases were bought up by Encino. Any ideas or thoughts behind it ? We are in Madison Township , rt 285/rt 22 area . Thanks in advance.

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Permalink Reply by Joe Yurina on March 9, 2024 at 5:23am

Recorded a couple weeks ago in the Gue & Noble Recorders office; Ironhead sold/transferred/conveyed 70% of their lease holdings in Gue & Noble Co to EAP LLC, (Encino). From my quick review, this was mostly all leases Ironhead owned from 2021 thru approx Oct-Nov 2023. This included operational control though they maintain 30% interest.  Ironhead continues to lease new parcels in these counties. Won't be a surprise if they do another sale at some point. 

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