Replies to This Discussion

Permalink Reply by Shower Bath on June 17, 2013 at 2:46am

Along with the article above, Bob also posted the following link which touches on value, and estate implications of large royalties. See the link...

http://www.marcellusshaletax.com/issue-11---are-you-ready-for-the-e...

Randy

Permalink Reply by Shower Bath on June 21, 2013 at 3:33am

While driving around Moorefield Twp yesterday I saw signs on every corner wanting to buy oil & gas mineral rights. The signs were everywhere & looked like they were recently put up.

Randy

Permalink Reply by earl miller on June 30, 2013 at 6:04am

is moorefield the hot spot

Permalink Reply by Booger on June 30, 2013 at 2:19pm

earl - i think yes........nottingham also.......actually most of the county is probably gonna be very good......seems dryer to the east, moving to liquids westward....but even the dry seems to be high volumes.

Permalink Reply by Shower Bath on July 1, 2013 at 4:42am

If anyone attended the KWGD meetings in June regarding the sale of your mineral rights (which they would negotiate), could you please share how they went? We understand that you might not be able to discuss specifics due to their confidentiality agreement, but any general info might be helpful. A lot of people live out of the area and couldn't attend their meetings. Thanks,

Randy

Permalink Reply by melissa humphrey on July 1, 2013 at 7:23pm

Rule of Thumb is if your land is in a highly productive, risk is reduced and for most hat means keep thee mineral rights.  However even in very good areas, you can turn up dry, maybe 1/30 but a risk.

2. For many their gas asset has become 50 or even 95% of there networth. That equals lots of risk.

A farmer with 200A in NE PA Marcellus, might sell 40% of his minerals at 5k$/a (400K)or 8k (640k) for producing and pay of debt, and or enjoy some sure $ and liquidity he never has had.  And he retains large upside.