Replies to This Discussion

Permalink Reply by time will tell on September 12, 2011 at 12:08pm

do you know if 8 acres can be leased in guernsey co . it's just over the line from belmont and what amounts are being payed ?      thanks

Permalink Reply by Philip Brutz on September 12, 2011 at 12:23pm

Join a landowners group!  I joined KWGD. The Smith-Goshen Landowners group is a good one in your area.  Getting a good lease is more important than the signing bonus!

Permalink Reply by time will tell on September 12, 2011 at 12:28pm

I agree , is 8 acres enough to be leased ? how do I get a hold of them , do you have a contact #  many thanks

Permalink Reply by time will tell on September 12, 2011 at 1:39pm

Thank you Michael !

Permalink Reply by Philip Brutz on September 12, 2011 at 12:49pm

Email Finnbear: http://gomarcellusshale.com/profile/Finnbear

Permalink Reply by Michael Lawrence on September 11, 2011 at 5:58pm

alot of the issues are the amount of time it takes to get results out of the county courthouse,.,  wishgard paid out over 60 mill in signing bonuses in the month of august alone.. if  you are able to be leased.. you will be paid.. mick

Permalink Reply by Mickey Shank on September 14, 2011 at 9:51am

My property was sold by the estate of the original owner,  4+ acres off of a larger plot. The larger property was under lease signed back in 1978. The well is not on my parcel and has been dormant for at least 6 years that I am aware of. I have not been contacted by anyone as of yet but I like to be prepared should the day come.

What would you all suggest I do to verify my title is clear. I have the Sched B from the title company which shows my property MAY be subject to a pipeline right of way/easement granted to a production company and a lease granted in 1980 to a second company .  

Since I have not been contacted by anyone, would you think it prudent to locate and or join a group at this juncture ? 

                                                 Thanks in advance, 

 

                                                 Mick

Permalink Reply by Finnbear on September 14, 2011 at 11:14am

The first thing you should do is have mineral rights search done to determine exactly what you own. Do you have a copy of that lease? Did you ever receive royalties from that well? A good oil and gas attorney can do the search for you. If the well was put in before you split your property from the original parcel, you are likely HBP and have nothing to offer to an oil and gas company.

Permalink Reply by Mickey Shank on September 14, 2011 at 4:49pm

Thank you sir ! I don't have a copy of the lease, just going through our paperwork. I am going to contact the Guernsey County Recorder to follow up. We purchased in 2010, the land was sold by the original owners estate in 2006. I think I will contact KWGD and get their input.

Just read where the parcel the gas well is on has always been a separate parcel from ours, but the original owner was receiving gas to a home on our parcel from that well until around 2004-05 when it stopped producing, or was shut down for whatever reason.  Just looked up the HBP acronym, more new information ! Lastly, We never received any royalty checks from the well . 

Thanks again, this site has been very informative. Not looking to get rich, I am as happy as a pig in mud with what I have there. Living and working my whole life in Cleveland gives me a totally different perspective on living in the country ! Be well and keep the info coming,

 

                                   Mick

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