Comment

Comment by Rick on October 14, 2014 at 5:33pm

Beaver Twp Jacks Run Rd  Noble county doesn't have any wells that I know of yet! I know of one just before Millwood Twp county line it's Eclipse and it suppose to be a shallow well that Oxford start and Eclipse Resource finish.  

Comment by Laura on September 15, 2014 at 8:14am

Yes my thoughts exactly plus they leased all formations which leaves no room for future mineral buyer to negotiate a new lease. I haven't talked with any mineral buyers but I believe your net royalty effects what they offer for your minerals. I could be mistaken.

Comment by WranglerRouser on September 15, 2014 at 7:25am

The Metheney Estate Oil & Gas Lease is only a 12.5% Net royalty lease and is signed with Chesapeake who will likely take every deduction possible, leaving little to nothing for the mineral rights buyer.  I would say that it's a very risky investment.  Any thoughts?

Chesapeake Energy’s $5 Billion Shuffle

Comment by Philip Brutz on September 14, 2014 at 4:01am

nc man, here is a link to the auction:

http://kaufmanminerals.com/index.php?ap=1&pid=39580

Comment by nc man on September 14, 2014 at 4:00am

Where is the Metheney Estate located ? If we get our mess with K&R Conservation straightened out we are considering selling our mineral rights. Interested to know what the rights will go for. Am in the northeast part of Guernsey Co.(Londonderry Twp.), right below the Harrison Co. line. Thanks! Appreciate your info!

nc man

Comment by Philip Brutz on September 14, 2014 at 3:44am

Metheney Estate Auction

Comment by Laura on September 14, 2014 at 3:00am

Sure hope someone goes to the sept 20 auction of the Metheney estate and reports back here. I'm not able to go myself. I think it will be a nice indication of what the minerals are worth in that neck of the woods! Thoughts?

Comment by arminius on August 30, 2014 at 4:03pm

Jeremy, thank you for the reply.

Comment by Jeremy on August 30, 2014 at 1:57pm

Arminius,  The $1,075/acre was the total for the 4 wells that are producing in the unit. 

Comment by arminius on August 29, 2014 at 5:54pm

Jeremy, am I to understand the$1075/acre per month is for 1 well in a 4 well unit?  If all 4 wells of this unit were to produce at the same rate as the one well, the royalties would be 4 times that?

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