Any other fellow Belmont County landowners still looking for a lease?

Just wonder if any Belmont Co. landowners have had any luck securing a solid lease for their property yet?  Met some very helpful and nice organizers for the HCLOG & ALOV groups and submitted initial paperwork to join their group "B" and secure a lease with Chesepeake.  However, Chesepeake did not take any land/leases in Belmont Co.  Was just curious what others are learning or doing. We are in no hurry, just curious to hear what others have learned?  Seems to be pretty quiet in Belmont Co. now.

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Permalink Reply by Finnbear on May 11, 2011 at 4:38am

I spoke with Jeff Bailey today from the non-profit group ALOV that was so successful in April with their 60,000 acre lease of land in Columbiana, Carroll, Jefferson , Mahoning ,Stark, Tuscarawas,and Harrison Counties that was signed with Chesapeake. This was a $2250/acre, 17.5% Gross Proceeds royalty that was very landowner friendly. They are gathering landowner names/contact info to start a Belmont county group. This might be a good chance for us in Belmont to get a lease written for the benefit of us landowners and not the oil companies or middlemen. Their website is below.

http://alov.us/home.html

If you are interested, please send me a message here http://gomarcellusshale.com/profile/Finnbear

Permalink Reply by Des Wertheimer on May 11, 2011 at 5:26am
Give Northeast Appallachian Land Services a call. 330-328-5944 This is  a group of over 20,000 acres in Belmont and MonroeCounties. They recently turned down $2750.00 an acre and 20% due to it being to early and the offer too low.

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