An O&G atty recently told me there's a rumor that leasing is getting pretty slim in Tusc.  IE, low lease offers and hard to even get an offer.  Said the companies are unsure of true production numbers in the county...this seems contrary to everything else I've read.  Anyone else hearing something similar?

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I should add that he said the Troyer well is supposed to flare this week and the rumor (only a rumor) is that this is a good well...

most of the monies are drying up...

We are also HBP by Randell Oil.  Since October they've been telling us they're in negotiations to sell our lease, but now I'm wondering if they held out too long and missed the boat?  It's not easy for me to get to the recorders office to see if we've been flipped but ODNR still lists our unit as Randell Oil. 

Carroll county is the hot spot at the moment and all of the activity is there.  CHK, true to form, leased far more land than they could ever really produce.

Prices just went up!!!!!!!!!!!!!!!!!!

 

$4500/20%

 

http://www.ohio.com/blogs/drilling/ohio-utica-shale-1.291290/waters...

$7,000 Per Acre ?????

http://www.shalegasinsiders.com/

Licking $4,000 Per acre
Monroe $5,200 Per acre
Morgan $3,800 Per acre
Muskingum $4,000 Per acre
Noble  $5,000 Per acre
Perry $2,400 Per acre
Richland $2,000 Per acre
Stark $2,800 Per acre
Trumbull $3,900 per acre
Tuscarawas $7,000 Per acre
Washington $3,000 Per acre
Wayne $2,000 Per acre

Mahoning new at $5,000 per acre

7K/acre  isn't happining....not for another 2 years.

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