Replies to This Discussion

Permalink Reply by arminius on September 10, 2013 at 12:54pm

I do know the village of Lore City is in process of signing with Eclipse.

Permalink Reply by skittles on October 17, 2013 at 4:38am

as of tuesday,oct. 15th, not true. Eclipse, was courting my son, who has property in old washington,  5 others i have talked to, have never been approched. the eclipse landman will tell you that you are the last one to sign. i would recommend not signing that lease. the enchancement deductions will leave you with nothing but the puny will bonus.

Permalink Reply by lance on January 9, 2014 at 8:47am

What about the fairgrounds? Have they signed yet?

Permalink Reply by skittles on January 9, 2014 at 9:17am

I've been told the fairgrounds is leased to rice energy.

Permalink Reply by lance on January 9, 2014 at 9:31am

Wow, thanks Katie... I had no Idea, I live down below the fairgrounds... I signed with Shell in 2011 for 5000 an acre and 20% royalties. Shell flipped all the acres they leased to A.E.P. (American Energy Partners) recently. I hear they are going to develop all they can aggressively. Mark West is negotiating with my lawyer right now for a pipeline R.O.W. on my property... The money keeps on coming...... Thanks Katie  

Permalink Reply by skittles on January 9, 2014 at 9:49am

That is news from last fall. My son has property in OW but rice wasn't interested in it. Eclipse wanted it but had a terrible lease. He wouldn't sign. A month ago others that have OW property hadn't signed anything. I know they are going to drill south of town. Maybe AEP will be interested soon. I know shell had a property close to him.

Permalink Reply by lance on January 9, 2014 at 10:24am

I guess I need to be filled in about all the news..... What do you know about R.O.W.s.... 

Permalink Reply by skittles on January 9, 2014 at 5:16pm

ROW: been there, done that. You said you have a lawyer looking at that.Good move, as it is with every contract/lease. MarkWest has treated us well so far. but that doesn't mean to let your guard down ever. Of course all verbal agreements need to be in writing. Go out to the field with them. Ask questions, be clear on everything. They will want work spaces that are bigger than the ROW. be sure to count them because you get paid for each one. They sometimes can't count well or need more than they say. If there is something you want or don't want, be clear about it. For example, if you don't want a group of trees cut down, besure that is clarified.

Only problems are a tremendous amount of traffic, you will not believe, but it is temporary. you will have to escort your pets to potty break. They started in fall and bad weather hit so the reclaiming isn't done. They will fix your road better than it was before.

Don't be too greedy. They  will go around you .

Permalink Reply by bo boboski on January 9, 2014 at 10:58pm

good advice!   especially the last words.

Permalink Reply by lance on January 10, 2014 at 1:04am

What would you say is a good number to figure. I talked to a guy in Harrison county who had 3700 ft they needed.. For a 5 pipe ROW they gave him 50 and 40... with 1/2 up front... I have Mary Keith (Shugart) for my lawyer... I am waiting to hear back from her today hopefully. She seems pretty sharp about all this..... Mark West seems eager to get this done as their rep. contacted me yesterday....

Permalink Reply by henry summers on January 10, 2014 at 6:02am

mary is the best Lance  you ll be in good hands

Permalink Reply by skittles on January 10, 2014 at 8:12am

Mary was our lawyer on the ROW. She will get all she can for you. What they pay will definitely coincide with their needs. However the prices you mentioned are very good.

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