Replies to This Discussion

Permalink Reply by myles fetterhoff on March 8, 2012 at 6:04am

Alot of them only want give you a few days to sign or the deals off.  your oil and gas going nowhere so if this is the speal run for the door.  Anyone see the price of nat gas 2.40?  We have wet gas and oil which is very good for us.  Let's make the best deal for the landowners.

Permalink Reply by RichR on March 8, 2012 at 6:30am

They are just trying to pull the old car salesman tactic.  They know that they aren't the only people on the block and they want everybody to sign in a hurry before the other guys get there and the landowners get wiser and educated.  Just laugh in there face, tear up the standard lease, hand it back, then shut the door.   Time and getting educated are your best friends.

Permalink Reply by TAS on March 8, 2012 at 6:34am

What is the prediction for other companies coming into Venango County in the Spring or Summer with better terms and lease bonus?

Permalink Reply by Michael Walentosky on March 9, 2012 at 1:42am

 

What areas of venango county have wet gas and oil? Has this been determinied through testing, or actual well production?  This is the "million dollar question"  Any info that you can share would be benificial to landowners. Thanks!

Permalink Reply by James Brink, Esq. on March 8, 2012 at 6:39am

Sorry, but I cannot spend all day watching the posts on this site and responding immediately.  There is work, you know. 

Permalink Reply by Johhny Jacobs on March 8, 2012 at 7:33am

Yeah, you better get out there and plow the fields Jimmy, time and tide wait for no man. And by 'fields'; I mean landowners. 

Permalink Reply by James Brink, Esq. on March 8, 2012 at 6:35am

You'll have to ask them.  I have been accused of getting my facts incorrect even though our clients provided us with copies of handouts they received at the meetings. 

Permalink Reply by myles fetterhoff on March 9, 2012 at 2:25am

let's start with the well in dempsey town this a dry gas well so far.  The other wells this year will be looking for oil or wet gas. people are poking holes this year looking for wet gas in your county and mine on existing leases.

Permalink Reply by matthew h mcsparren on March 9, 2012 at 7:41am

Myles: How can you tell that the Dempseytown well is dry gas?

Permalink Reply by myles fetterhoff on March 9, 2012 at 5:42pm

by talking to the district manger for range  about the horizon across from the cemetary

Permalink Reply by matthew h mcsparren on March 9, 2012 at 6:36pm

Strange I saw different numbers, not real high hydrates, but not pipleline qualiaty. Any gas over 1100 BtU'S is hot gas.

Permalink Reply by myles fetterhoff on March 10, 2012 at 2:20am

the guy said 5 million cubic feet a day and was not wet gas or oil.  the property around niclosville talking about oil. if anyone knows about this well let me know.

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