All things pertaining to leasing,drilling and production in Guernsey OH.
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Is anyone else leased with Gulfport just east of Quaker city?
We have alot of land leased around us in Millwood, I cant wait to see where the first well site will be.
No, I just told them that I already signed with Gulfport. Maybe they are trying to get more acreage between Quaker city and Barnesville? They were the first company to call me back in May offering $1500, 13% net.
A couple weeks ago I was visited by Mason Dixon for CHK and they told me they were interested in the eastern 1/3 of Guernsey County. Figure quoted to me was $5300 and 20%. I gave a couple people on GoMarcellus the phone number and when they called the Landman said CHK was pulling out of Guernsey for right now, no more leasing. Maybe it is the financial issues? or something else?
Interesting Phil. They throw any numbers out?
It looks like CHK is still interested in Millwood TWP. They called me last night asking me if I signed a lease yet.
thank you Frank, i'll pass this along
David,
It is difficult to work a fair deal with Artex. I spoke with someone the other day who has over 300 acres and all they will offer is $2000 and a crappy company lease. With 12 acres you need to be patient and get in a group, so you have leverage and maybe even lease to another company. Leasing has slowed not sure when and at what price it will get active again. You could contact Attorney Bill Williams and get on his waiting list, he worked out very well for a large group of us last year.
Here is a link to info on him and his firm:
http://kwgd.com/Attorneys/AttorneyDetails.aspx?ID=35
Frank
My sister has 12 acres in adams twp guernsey county and lease with artex is coming due and they have called her and want to redo her lease. Does anyone have a phone # with another co that she could call and get and idea of what lease offers are going for. All ground surrounding her is held by Artex. thanks for any input.
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