Replies to This Discussion

Permalink Reply by Michael Walentosky on March 9, 2012 at 11:48am

Do you know what companies are planning on drilling?  Have they filed permits?  In what specific areas of the county will the be looking for oil and or wet gas?  In the utica shale or marcellus?

Permalink Reply by myles fetterhoff on March 10, 2012 at 2:51am

companies  going to exployer on existing leases for the wet gas.  

Permalink Reply by Brian on March 10, 2012 at 4:48pm

Myles- Are you talking about Nickleville, or is this another are that you are talking about?  Chevron is the one that is showing interest down around this area.  What have others been hearing?

Permalink Reply by myles fetterhoff on March 11, 2012 at 1:53am

Yes talking about nickleville down by cranberry 600 acre dairy farm.  I heard it was to be veritical in the beekmantown. 

Permalink Reply by James Brink, Esq. on March 9, 2012 at 2:26am

I think I need to clarify a point I made earlier in my postings.  I am not suggesting that the Washington PA lawyers engaged in any unethical or improper activities.  Nor am I suggesting that they are in any way employed by the gas producers as employees or otherwise.  It was not my intention to create this impression and if anybody regarded my postings as insinuating this, I apologize.  My partner Steve Townsend and I strive not to impugn any other lawyer or other parties assisting landowners.  Indeed, we specifically say this to landowners at all of our meetings.  That is, we stress that while we offer a different service, we do not denigrate the services offered by others.  And we certainly never engage in any direct attacks on any person, not even the landmen working as contractors to the gas producers. I hope this post clarifies my position.

Permalink Reply by Johhny Jacobs on March 9, 2012 at 4:48am

Thanks for the clarity, I completely misread:  "My only point is that a lawyer cannot represent opposing sides of a transaction." etc. etc. Impugn away. 

I'm glad to see we went the lick wounds, swallow pride, avoid lawsuit, route. Better for business. 

Further, you're well advised not to attack 'even the landmen', as in my experience they have forgotten more about oil and gas, than the lawyers who read a Utica Shale article in the Law review, googled 'fracing' and became O&G specialists overnight.

This is a pretty unique environment of varying grifts, rather entertaining no?

Permalink Reply by Jim Litwinowicz on March 14, 2012 at 2:49pm

Dave; just for clarity. There was no double dipping. C0-X negotiated a lease in which the landowner received $3250/acre net and Co-X received a fee of $250/acre. The fee is paid directly to Co-X by Hilcorp because that was requested by members of the original Mt Jackson group.  Many members said that it would be better to have the fees deducted before payment to the landowner because of tax purposes. Don't know what difference it would make but that is what people asked for and C0-X agreed.  Co-X also liked it because that meant they would be paid direct and not have to worry about people not forwarding their fee after they were paid by the E & P.

Permalink Reply by p umpjack on March 14, 2012 at 2:51pm

co-x flip that lease yet? or are they going to eat it?

Permalink Reply by Jim Litwinowicz on March 14, 2012 at 3:04pm

Get yer facts right Co-X does not hold any leases to flip......

Permalink Reply by p umpjack on March 15, 2012 at 1:45pm

really who is(co-x) hilcorp going to sell to?

they got caught with no buyer or driller thats why they pulled out and got stuffed(mercer co.) into paying in the months to come we will see ....

why is there not a permit filed? water tested community meeting for future plans to grease the politicians....

they have no chance with the position they took in mercer

just like the flock drinking the koolaid in venango @ the quality inn

how many mouths feeding AT that trough.....

the bigger player played them

Permalink Reply by Jim Litwinowicz on March 15, 2012 at 3:21pm

Yeah, yer soooo smart.  Wanna place a bet that Hilcorp drills at least three wells this year???   Free dinner for four at the Allegheny Grille???

Permalink Reply by Jim Litwinowicz on March 17, 2012 at 10:31am

No reply??? No guts to place the bet??

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