Comment

Comment by D M on February 17, 2012 at 4:40am

I also got that letter, and I know of several others who recieved it too. We are all members of ALOV, and we plan on being patient. It's a complicated business and I trust ALOV also. I hope we get some good news soon.

Comment by Tom Frey on February 17, 2012 at 12:51am

Has anyone heard of a company called Shale Investment Fund leasing property in trumbull county? I received a letter from them offering $3000 an acre and 17% royalty. I don't know how long the lease is for it don't say. I will just wait for ALOV I trust them.

Comment by Tom Frey on February 3, 2012 at 12:02am

Gina, The best advice i know of is try to join a landowner group. I've been reading alot about this stuff and the best way to get the best lease is in a group. I know i have had alot of landman knocking at my door and they are like salesman and will tell you anything to get you to sign. Just be aware.

Comment by Gina Boltz on February 2, 2012 at 12:34pm

Hello,

I live in near Toledo Ohio and own 5 acres of property along Rt 5 about 3 miles south of Kinsman. Might any of my Trumbull County friends share with me the latest area news?  I plan to drive to Warren next month to speak with an attorney about all this and would like an update, plus any important questions, insights or suggestions you may have.

 I'll post on the Trumbull Co boards what the attorney shares with me. Being informed and united is the best way to help each other.  And with that in mind, I thank you for all your posts! 

Comment by Robert J Ellis on January 28, 2012 at 7:59am

Never mind, got it.  Thanks again.

Comment by Robert J Ellis on January 28, 2012 at 7:53am

Tom,

Thanks for the feedback.  Do you have contact info for Buckeye?

Comment by Robert J Ellis on January 28, 2012 at 5:45am

I signed a lease with Wellington Resources, LLC in July, 2011.  My signing bonus was due last week, but has not been paid.  I was told that the cost  of gas was so low that they were unable to sell my lease, and that I would have to wait, otherwise, they would lose money if they paid me now.  The gentleman I spoke with was very open that it was within my rights to try and shop my lease on my own, but recommended against doing so.  Has anyone else in Trumbull County actually been paid a signing bonus?  Not sure what to do at this point.

Comment by Tom Frey on January 17, 2012 at 4:48am

Anyone hear anything about the ALOV group in trumbull county

Comment by joe on January 10, 2012 at 3:21am

Thats what i told them.  The company looks legit on-line but they seem to be working the wishguard line looking for those that are not educated on this stuff.  Just thought everyone should know there is another low-baller in town.

Comment by joe on January 10, 2012 at 2:14am

Just a note for everyone out there.  had a neighbor from just over the geauga county line come and ask me a question about a seemingly new company in the area called lario out of colorado.  They are offering 300.00 and 12% but with a new twist of giving free houshold gas.  They are claiming to be looking for utica has and seem to be targeting non leased ground and not going east of the county line "at this time".

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