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Harrison County, OH

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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Members: 426
Latest Activity: May 22, 2022

Discussion Forum

Leasing

Started by pinehill. Last reply by pinehill May 22, 2022. 5 Replies

Gulfport Energy - Bankruptcy

Started by Shower Bath. Last reply by Shower Bath Mar 26, 2022. 6 Replies

Activity in Monroe Twp.

Started by pinehill Mar 5, 2022. 0 Replies

Deucker Drilling Units

Started by Al Cramblett. Last reply by JT Dec 21, 2020. 58 Replies

Why the lack of activity in harrison county

Started by Hunter. Last reply by 01i07a3wywens Sep 1, 2020. 22 Replies

Any Info on DPS Land Services?

Started by Kathy R. Last reply by Kathy R Aug 19, 2020. 4 Replies

any activity in harrison county???

Started by ray schmidt. Last reply by Tim Aug 17, 2020. 8 Replies

Any activity in Harrison County

Started by william May 18, 2020. 0 Replies

Athens Twp.

Started by Robert Bond. Last reply by keepthefaith Jun 9, 2019. 25 Replies

royalties

Started by earl miller. Last reply by earl miller Jan 24, 2019. 2 Replies

Ascent is knocking

Started by Hunter. Last reply by Hunter Oct 5, 2018. 8 Replies

Companies looking at Harrison County for new plant

Started by Keith Mauck (Site Publisher). Last reply by Ronald L. Rohr Jr. Aug 29, 2018. 5 Replies

lease renewal in harrison co.

Started by ray schmidt. Last reply by Shower Bath Aug 10, 2018. 72 Replies

Comment Wall

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Comment by scott jackovitch on December 23, 2010 at 2:53am
Thank you , Cheryl do you know anyone who has signed up with them?  It seems they are the new name I am hearing about and I'm just looking for some info.
Comment by scott jackovitch on December 22, 2010 at 1:18pm
Does anyone have any info on a company called Wishguard ?  They are supposedly paying $1840/acre with 15.5 % gross wellhead royalty.
Comment by Richard Clark on December 21, 2010 at 6:57am

Dan, it is ok to not have the addendum recorded.  Only the lease it's self or the memorandum of lease is necessary to record.  The addendum becomes a part of the lease.  It should state that on the addendum that is a part of a certain oil and gas lease belonging to..........and so on.

Comment by Dan on December 21, 2010 at 12:39am

Chuck, that's a good point, i could just record it myself.  But is there any benefit of doing that?  Is the document any less binding?  Actually as I look at it, there is no place for them to sign, just me.  Is that what they rest of you are seeing?  Unrecorded Addendums, and signatures only by lessors?

Comment by Chuck White on December 20, 2010 at 11:24pm
Dan,

If it is signed by you, the landman , and a notary you could have it recorded yourself.
Comment by Dan on December 20, 2010 at 4:29pm

Ok, so I have my lease offer in hand, and I'm looking over the main lease, and the addendum page.  For the addendum page, it says the addendum will be "unrecorded", as in not recorded in the courthouse with the main part of the lease contract.  I asked the landman why the addendum page was not going to be recorded and he said it is so other gas companies won't be able to look up the finer points of the lease agreements and see what the competition is offering.  Does anyone else have experience with this?  Should I insist on it being recorded or does it not matter, because it is still binding whether it is recorded or not?

Comment by scott jackovitch on December 20, 2010 at 9:48am

Thanks Chuck.

Comment by Chuck White on December 20, 2010 at 9:45am

Audit Clause
Lessee further grants to Lessor the right annually to examine, audit, or inspect books, records, and accounts
of Lessee pertinent to the purpose of verifying the accuracy of the reports and statements furnished to Lessor, and for checking the amount of payments lawfully due the Lessor under the terms of this
agreement. In exercising this right, Lessor shall give reasonable notice to Lessee of its intended audit and
such audit shall be conducted during normal business hours at the office of Lessee. Such examination and
audit shall be at the sole cost and expense of Lessor.

Comment by scott jackovitch on December 20, 2010 at 9:40am

What is the audit option ?  Were you able to have any addendums added to the contract ?  Thanks

Comment by Chuck White on December 20, 2010 at 9:38am

Scott

Net well head price, Chesapeake wouldn't go for gross.

They did give us an audit option.

 

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