I have heard that companies are signing landowners with less then 9 months left on their current lease a "top lease" that takes effect when the old one expires. Has any one heard of this?
What's the up side? I can't see any reason why anyone would sign unless the money appears as soon as the old one expires and one needs the money. The way the price per acre is going up,up,up; I prefer to take the risk and see what happens.
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Jeff replied to Petroleum Attorney 1976's discussion 'FYI- Mineral Owners in the State of Ohio (Utica Shale area's)'
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