Comment

Comment by elliemae82 on April 13, 2014 at 11:04am

Wow, point well taken

Comment by Adal on April 13, 2014 at 5:56am

If a company can get $250,000 a day out of a well in Southern Ohio and $10,000 a day out of a well in Trumbull County, where do you think that they are going to drill? Not in Ashtabula County, right now. They are going to take the easy stuff first. 

Comment by elliemae82 on April 13, 2014 at 4:06am

has anyone that was signed with BM tried calling them to get an update

Comment by Bill Simpson on April 7, 2014 at 9:07am

I posted the below comment under the Topic of Buckeye Mineral a while back which many of us Ashtabula-ites signed up with. Some of the verbiage probably applies to what Ed Ganelli posted.

If there is anyone out there who has a valid, hard fact data answer as to why Ashtabula County does not appear to be in the running at this time or anytime soon please respond. No guessing or Obama type responses please.

..................................................................................................................................................................

Excerpts from the BMD post....

The commitments for Buckeye Mineral expired on 12/31/13.

No e-Mails or printed material of any kind have been sent.

Their last meeting was a long time ago and there was not really any substance to it or the previous ones before it. Since NELA and Wishgard have bailed out of Ashtabula County and BMD is staying behind the scenes I would give you an educated guess that our area will not see anything for a few long years.

There are tons of shale info for Ashtabula County showing maps, graphs, charts, wiggly/squiggly lines and this and that for our area but most were done by guy's who play chess and smoke pipes. Kinda bald headed with dark black rimmed glasses. The old Mr Fisher type in High School Chemistry type of guy.

Until multiple deep test wells are done in various parts/townships of Ashtabula County and a solid delivery package is created and done for transportation lines/plants etc everything will remain quiet. This alone is a mammoth feat both physically and monetarily.

There are MILLIONAIRES out there, both US and Foreign who have made there millions/billions buy going in sight unseen and buying up mineral/gas/oil etc rights with the hope that down the road they multiply their investments many many times over.

Now ask yourself this question. How many of the above folks have you heard or read about coming our way to spend a little portion of there mega bucks in Ashtabula County.

If you add all the above up the bottom line appears to be a very very long wait.

There is an upside to all of this nail biting and waiting and that is that I myself have learned so much about bad leases, bad wording, excellent wording, bad company and lawyer tactics and ton's of mistakes that current landowners have made when they signed. I learned about the good landowner groups and the ones that got shafted. I read more about lawsuits, and cry in your beer stories on this site that I do about folks retiring with big bucks or guys leaving their wife for a 19 year old with a nice monthly royalty check.

They may have signed before we did but many are not eating the steak they expected seven days a week

Maybe the wait is good at this point.

Comment by Ronaround on April 7, 2014 at 1:24am

I guess it never fails, always the bridesmaid-  never the bride....

Comment by elliemae82 on April 4, 2014 at 12:56pm

Thanks Ed, now maybe we could just forget about anything happening her any time soon.

Comment by Ed Ganelli on April 4, 2014 at 12:39pm

Just heard from the landowner who owns the acreage that Beland was going to place their first well pad on that he can go ahead and plant it...no plans from Beland to drill any time soon

Comment by judy barrows on March 29, 2014 at 1:33am

Hopefully...left a message for her to call..it took a few days the first time. If I don't hear back, I will call again Monday. I'll keep u posted...

Comment by elliemae82 on March 26, 2014 at 12:54pm

Thanks Judy, hopefully we will get some good news.

Comment by judy barrows on March 26, 2014 at 12:17pm

Im getting ready to call Blackridge on Thursday...I spoke with someone in early Feb. and they said to call back end of March to get better details on whats happening next...

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