The Harrison County's picture is of Scio, Ohio circa 1898 and represents the boom of days past. This site is dedicated to the sharing of information with all concerned in oil and gas leasing in Harrison County today. Join us and prosper. Please join this group to participate.
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I've used Rick Celestino on Reservoir Lane in Cadiz. His daughter owns Capraro's Italian Restaurant in Hopedale. I dont have his number with me, but I could get it when I get back home.
A couple of articles with local interest. See the link....
http://www.drillingahead.com/page/utica-shale-news
Randy
Here's an interesting article regarding Gulfport. See the link....
http://seekingalpha.com/article/1848211-penn-west-petroleum-and-ros...
Randy
PART TWO: see PART ONE for Meeting coverage and contact info for free consultation with expert Attorney Chris White. White shared, among many, many insights, was how you can read and read all the protective, assuring "wherefores" in a good looking lease and they can ALL be sneakily wiped out later on in the contract by a carefully worded replacement clause that you and I may miss! So the Agreement looks and reads really good, but some legalese jargon hidden in the back (usually) cancels the good stuff you thought you were getting! He says he keeps a running record, on a long note sheet next to the lease he's reviewing for clients, and as he goes down each line of the contract he can go right back to his notations when he runs into one of those clever "change the meaning" phrases or even single words he knows to look out for! Sheesh! He has a sample contract he has refined over trial and experience and I read it over - not chiseled in stone but it sure beats everything else I've been handed.
IF you don't get the answers you need and deserve from this forum, please contact attorney Chris White for a 1 hour free consult to straighten it out for you - and no, I get no "cut" from his clientele ...that would be what...$0 for a percent of $0 from his Free Consult... I just know his style of patiently explaining things really helped us! He'll translate what your lease really means though no one can accurately predict the amount of $$$ you may receive. Chris said it is reasonable to expect $100 a day per acre for 9 to 12 months....in the beginning then it sharply declines as the pressure/volume does...(although I wonder about the future pricing when it's primarily "low pressure" oil and not gas in this "peanut" zone) and that's only for acres included in the actual drilling unit.
Also, despite scant testing, the "experts" have said the Utica under us in this area is "1,000 feet" - I think they mean thick. That's great but they say that it is primarily oil and without all the other gaseous fluids (my novice term) there may not be the high pressure to propel it - making it harder to access...but "because it is oil, and they know it's here, they will figure out a way to get it in time." One gas company owner said it would be within two years. White said look for things to heat up here - SE Tusc/NE Guernsey/SW Harrison - as early as in the next 6 months. United we flourish, divided we fall, flail, and fail - get in or start a Landwowners' Group NOW - contact Chris White to stay tuned to that kind of timely information and maybe be part of one under his expert counsel! www.TheWhiteLawOffice.com
Ellis Miller of the firm also mentioned that we need to treat our mineral assets as a business, and when we DO get money, to stash some of it away to be able to afford audits of the companies we deal with - "that's what businesses do..." I think saving some for legal defense is a good idea too - if you never need it, then you've got your own little pot-o-gold saved for something else later! His site and services: www.PleasantWealth.com (boy that sure sounds good! a lot better than UnpleasantPoverty!)
I promised I'd report from the tri-county landowners' first meeting in Perry Township/Tusc County last night - it will e in two or three parts to fit the space limits.
PART ONE:
Tusc-Harrison-Guernsey Meeting last night was excellent. Standing room only. Informative. Suggest anyone in SE Tuscarawas County/ NE Guernsey/ SW Harrison contact Chris White get on firm's info list - to be informed of the coming trends ahead of the pack. He offers a FREE one hour (as needed) consultation about ANY gas/oil/pipeline and soon power line issues landowners are facing. He addressed New Leases, HBP Affidavits of Forfeiture & Cancellation, Amendments & Ratification &pertaining to pipelines - the important difference between "options" & "Right-of-Way, Eminent Domain &Interstate pipelines (& how to not be bamboozled by those saying they have those rights when they don't!) ...offered tips on negotiating protection & damages..."base your damages on Market Rate and Provable Projection of Damages" (like insurance companies do with their ceilings ). He & his staff answered all questions then spent time talking one-on-one with folks who stayed after. Any questions - better to contact him directly at cmw@TheWhiteLawOffice.com 330.230.9098. Please get on his Contact List - I heard from several reputable sources now (one being a gas company owner) that we are next for the onslaught of activity - as soon as the infrastructure is ready (they named specific pipelines and junctures - sorry- but my pen couldn't keep up) we'll be overwhelmed with interest. One official, in a different meeting, called this neck of the woods (SE Tusc) "in the peanut" - anyone know what that means? (It was supposed to be a very good thing - as in a hot spot, but am unfamiliar with the term?). Of Counsel with the White Law Office is Ellis Miller who also spoke. I resonated more with his perspectives than any other presenter over the past 3 years of various meetings - haven't checked out his site yet but it's www.pleasantwealth.com. (looking forward to some of that!) Back to the HBP (Held by Production) it's interesting in Ohio the courts are divided; sometimes having only "free gas" & no royalties from those old wells DOES legally mean the lease is held by production and sometimes, by court ruling it DOES NOT mean the well/lease is held by production - check out your luck, depending on what court serves your area if that is your situation. He also addressed how those in the industry knew 20 years ago that the "Utica Point Pleasant Play" was coming and they have kept those old leases alive one dribble, one puny royalty check at a time, just to hold the rights til now...makes me wonder what those in the industry are talking about NOW for the NEXT 20 years? continued in PART TWO
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