Comment

Comment by Imelda stanley on April 17, 2012 at 3:22am

I am waiting to hear from attorney that negotiated the Shell lease.  Sent an

email Friday but no reply.  Called this AM and talked to the secretary she

is to have the attorney call me.  I assume he does not get paid if the leases do not close.

Comment by Steven Gardner on April 15, 2012 at 5:32am

Ditto Phil...

Comment by scott peterson on April 15, 2012 at 4:45am

Same here Phil......

Comment by Philip Brutz on April 15, 2012 at 4:43am

I have only heard of $5,900, 21% being offered in Millwood  Richland and section 2 of Wills TWPs, not the rest of Guernsey.  It was offered by Antero Resources.  I have not read the lease.  Even though I am in Millwood I am very happy with the lease written by KWG&D.  I have no regrets.

Comment by F Donia on April 15, 2012 at 4:23am

Red's right, I believe.  It is not only & all about the money.  A Landowner has to be a good Risk Manager first.  Quality of the Company you are dealing with, a carefully written Lease Agreement, that is Landowner fair, are more important then the money.  Shell is big but not exactly reputable is would seem, based on the way they have dealt here in Guernsey.  Their Lease was not as Landowner fair as Gulfport's. 

Then you have the likes of Artex/Anadarko, they claim to abide by the highest standards of ethics in the Industry (or, so their Website claims) yet rip-off little old ladies and folks their Leasehold surround, with offers well under $2000, then badger landowners into deals with a crappy 2 page Lease.  They could offer twice what Gulfport paid but their 2 pager, should cause you to decline.

Comment by Red Skelton on April 15, 2012 at 1:58am

Maybe,maybe not on the walting. Remember the old saying,a bird in the hand is worth 2 in the bush. I know numerous people who signed with Shell and none have been paid. I also know several people who signed with Gulfport and all those entitled were paid and on time. We were notified by Gulport of a mineral rights problem in our title, they gave us 90 days to correct, once we straightend that out we were paid with no problem.

Comment by bo boboski on April 14, 2012 at 11:44pm

Gulfport is having a lease signing gig at the pritchard l. center the 27th ,this month. They are offering $5,000. pr ac. & 20% royalties. dont know the rest of the lease wording. It would be nice if no-one showed up! cause $5900. & 21% is now the going rate in Guernsey co. and going up! Once the results of the well at antrim come in, could go up even more. If you have'nt signed yet, & can afford to wait; About this time next year would be much better! IMO.

Comment by Imelda stanley on April 14, 2012 at 9:24am

Believe it was who owned the mineral rights after property sold, do not know all of the particulars. does anyone have a guess on how many of the 65,000 acres have recd payment?

Comment by Billy Park Whyde on April 14, 2012 at 7:42am

Imelda  are  the "received rejections due to Clinton well ownership issues or who owns the mineral rights." Didn't these individuals look at their leases prior to trying to lease?

Comment by Imelda stanley on April 14, 2012 at 7:29am

As a side note I know three people in Richland township that received their money in the last month and two who have received rejections due to Clinton well ownership issues or who owns the mineral rights.

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