Replies to This Discussion

Permalink Reply by Mark Thompson on March 13, 2013 at 4:19pm

Please, come to the meeting, ask questions, I am sure there will be a lot of hardworking landowners in attendance who may not know the complete story.  

Permalink Reply by Samuel J. Orr on March 13, 2013 at 5:13pm

I would call them. I believe unless you have an ID showing you are from Venango County, you may not be admitted! I hope that the local press shows up at the meeting. If so, I wonder if they will be admitted. All the "good secret stuff" will be for "members" who have already signed and I think that meeting is earlier. If so, the earlier meeting is for the fish they have already caught, and the later one for the fish who want to be caught. Once you are hooked then and only then will they show you all the fish in their barrel I am referring to their GIS map which supposedly will show you all the acreage that they have signed up in Venango County!  If I am wrong on this I apologize, but I believe I am correct. Also if you google CX Energy you can go to their website!

Permalink Reply by owner on March 21, 2013 at 9:26am

Was anything significant discussed at ths meeting?  

Permalink Reply by p umpjack on March 24, 2013 at 9:58pm

Permalink Reply by Jim Litwinowicz on May 18, 2012 at 7:34pm

M & P and Cx-Energy have announced a deal for Mercer Co with Halcon for $3850/18.5% no deductions with a very good lease. Best part is that it only covers deep rights, below 1000' below the base of the Speechley Sandstone. That will allow landowners to lease their shallow rights to a shallow driller and possibly get free gas. (The lease gives Halcon the right to match any offer) I don't know for sure what a shallow lease is worth but I'm guessing that would be another $500 to $1000 per acre for the landowner. Good deal.

We are working with several companies to get a similar deal for Venango Co

We always had attorneys present at every meeting to review any existing lease for free and to answer other questions.

so how will this deal be different  I am thinking a deal that a landowner got paid would be a good start.......