Comment

Comment by F Donia on April 19, 2012 at 6:19am

As I recall this far exceeds the Buell in the oil department

Comment by Philip Brutz on April 19, 2012 at 4:41am

Does anyone know how this compares to the first two months of the Buell well?

Comment by Chris Smith on April 17, 2012 at 12:01pm

Anyone with Shell go through Holland Land Services? I emailed them looking for a status like most of us, and have not heard back.

Comment by bo boboski on April 17, 2012 at 10:53am

Imelda; The bank  that issues the funds from houston,tx. says that 120 "banking" days is more like 187 actual days. i need to get a job in a bank! wow, that"s alot of days off! Most of the drafts us Guernsey countians are holding have'nt even come to that date yet. My neighbor was informed his was expiring the 20th. My in-laws the 27th. Mine, May 7th. You go by the date the draft was issued.It's on the draft.They said everyone is gonna get paid,as long as the deed cleared, just dont expect it until the due date or slightly before. Again; how they can take off 67 days in 4 months is not even right! Maybe they took a spring break?

Comment by Imelda stanley on April 17, 2012 at 5:38am

Our draft says 120 days after receipt from our bank to their bank.  No date

is specified.

Comment by Philip Brutz on April 17, 2012 at 5:26am

I received a letter in the mail today from "UTICA LANDOWNERS GROUP LLC. representing Antero Resources offering $5,900 per acre and 21% royalty for landowners in Millwood, Richland and section 2 of Wills TWPs.

I DO NOT KNOW ANYTHING ABOUT THEM! But if this is of interest to you here is the contact info: Chuck Bell 740-298-2636 chuckbell45@msn.com

Comment by DAVID MORRIS on April 17, 2012 at 5:15am

Anyone have contact info for Antero?

Comment by DM on April 17, 2012 at 4:58am

FYI, I read the Antero lease and it is a good lease.  Almost mimics my KWGD lease word for word.

Comment by C Stutzman on April 17, 2012 at 4:41am

Just relax guys, look at ur bank statement. Some of them say April 23..

Comment by Imelda stanley on April 17, 2012 at 4:15am

I just spoke with Bruce Dondzilla at swepIlp (Shell's leasing company).  He explained the process and validated that they had not anticipated the amount of time it would take to run the titles.  I asked if Shell felt they still had a lease, even though they had missed the 120 days.  The answer was yes, but it sounded as if someone could get out of the lease if they contacted them.  He is the last sign off before it goes to Shell for their review.  I asked how they selected, although he did not know for sure how they did it, he would begin with the largest parcels first and work their way down.  Sometimes small parcels sold off would then fall back under the larger parcel which had already been researched back to 1870.  He is to call me back on our particular contract.

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