Comment

Comment by Chris Smith on August 16, 2011 at 5:12am

Does anyone on this site have land in the Boz Farm Subdivision area?

Comment by Ken & Jill Nehls on August 16, 2011 at 3:56am

Is the Southeastern group for just one gas company?  Do you have to be wanting to sign up with one company only?  We've been approached by Eclipse at 17% royalties and 2500. per acre. Is there a group going on with Eclipse? 

 

Thanks!

JIll

Comment by Chris Smith on August 16, 2011 at 3:55am

What is the benefit of a lease term of 3 or 5 years (to the land owner)?  It seems to me that shorter terms to be renuied would yield more revenue.

Comment by Chris Smith on August 16, 2011 at 3:21am

New to the Guernsey blog site as of today.  Holding land in Wheeling twp.  Could someone respond with the list of known land owner groups, and the associated law firms?

Comment by Jon Henderson on August 15, 2011 at 1:25pm

The group system seems to be able to get a Landowner Friendly Lease. Plus everyone in the group gets the same $$ for their lease. If you have a small amount of acreage (50 acres) like we do, this is a good thing. I do not think I would have the ability to get a lease of this quality with this good a signing bonus without a group.

Now that I've said that, I really have no idea as to what we might get as a signing bonus. I do know the lease terms are very landowner friendly.

Comment by Ken & Jill Nehls on August 15, 2011 at 1:02pm

I'm wondering why no one else in Guernsey has been approached by Eclipse. Seems strange.  And I've heard pros and cons about joining a group.  Why should or shouldn't I join a group?

Jill

Comment by michael j belaj on August 15, 2011 at 12:17pm

A meeting will be hald @ 7:00pm with southeastern land group Tuesday at the old holladay Inn across from sheets in Cambridge Ohio . Good Lease and good terms I will be thier at 6:00 pm. Thanks Michael J Belaj

Comment by paul geiger on August 15, 2011 at 10:05am

Go to w***********  or call 330 497 0700 But be quick they have a large group  right in Guernsey county that will be closing august 24 you have to be a member by than .

Comment by Mark Dempsey on August 15, 2011 at 8:45am

Very new to this. Own 37 acres on guernsey/muskingum county line in western guernsey on route 40.needed some help on who to speak with

Comment by Shower Bath on August 15, 2011 at 6:04am

An article from the Altoona PA paper regarding the Utica Shale. They begin by discussing the Eastern PA formations, but also add some info on the value of the Ohio wet zones of the play.

http://www.altoonamirror.com/page/content.detail/id/552711.html

Randy

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