Comment

Comment by Peter Schueler on April 30, 2012 at 12:26pm

Gary, Having a pipeline installed on your property requires the pipeline company to have an easement for a specific width and length of ground that crosses your property. Normally the company wanting to acquire the rights (easement) to cross your property with a pipeline will offer a one-time payment for that right. You should examine the easement terms carefully because it will become a permanent fixture on your land and it will restrict your use of the area that is under easement. If you decide to consider an easement best thing is to have an attorney, experienced in the needs of landowner to protect their property, to review and make adjustments to the easement that you and future owners can live with. 

Comment by Poison Ivy on April 30, 2012 at 10:29am

We got a letter from Westhawk, too. $3,000 per acre

Comment by Shower Bath on April 30, 2012 at 9:26am

I havn't seen this mentioned yet, but Gulfport Energy has secured a permit in Moorefield Twp for a strat well. They will modify this to a horizontal permit down the road. It is called Ryser and is NNW of Piedmont and has an API Well Number 34067210710000. Permit was issued 4-4-2012.

Randy

Comment by gary e hall on April 30, 2012 at 6:24am

does having a pipeline on your property mean a one payment deal or how does it work this is all new to me 

Comment by Poison Ivy on April 30, 2012 at 5:42am

Robert Fulton, Are you Terry's brother?

Comment by Al Cramblett on April 28, 2012 at 4:27am

Here's a newsletter published by KWGD:

 

KWGD%20NEWSLETTER.doc

Comment by Robert and Valorie Fulton on April 27, 2012 at 10:52am

We got a letter from WestHawk today, also, offering $3,000 per acre.

Comment by ray schmidt on April 27, 2012 at 10:26am

got another letter today from a company in oklahoma,westhawk minerals llc,that wants to buy my mineral rights.$3000 per acre.this is the third company from ok. interested in our minerals here,they must know something worthwhile lies below our ground here! 

Comment by Peter Schueler on April 26, 2012 at 11:53am

Randy, The article you posted is a good analysis of NG price prospects but one thing I did not see that should be factored is the amount of acreage that is under lease terms that will expire each year. This acreage must be drilled or extended (if held under extendable terms) or lost. The cost of losing or paying to extend leases will be factored into drilling decisions. This is where drilling unit sizes and bonus's for extending leases will enter into the equation for the decision to drill or not.

It will be useful to observe what happens in PA where Marcellus leases made several years ago are reaching the end their typical 5 year primary term.

Comment by Shower Bath on April 25, 2012 at 11:06am

The price of nat gas may turn soon. See the link...

http://seekingalpha.com/article/525421-natural-gas-price-spike-will...

Randy

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