Comment

Comment by SCOTT CARE on October 7, 2011 at 8:45pm

We filled out the contact information sheet and are a little puzzled as to why we are mailing it to Arkansas if we are interested in a local Crawford County landowner group involving Pennsylvania and/or Ohio property owners in the surrounding counties.  Can anybody clarify this for us.

We have tried the e-mail address that Mr. Kareha provided but to no avail.

Comment by rex roae on October 6, 2011 at 5:38am

Who do you contact to join the group?

We have 51 acres in SW Crawford County.

Also, is there anyone looking for shallow rights? We have an adjacent 131 acres we own everything below 5,000 ft.

Comment by Tyler Durden on October 5, 2011 at 11:51pm

Just my opinion, but don't be in a rush to sign. The landowners group in Lawrence County started out with offers in the $400/acre range a year 1/2 ago. They ended up getting $3k/acre +17% gross royalties last month. That also included SW Mercer County. I’m not saying you can pull it that amount, but $50/acre and 12.5% royalties are not life changing numbers. Come on now….12.5%??   That is the state mandated minimum!  They are “giving” you nothing.  I have heard rumors of offers in the Jackson Center area for $2250/acre + 15% royalties.  Stay organized and educated.  

Comment by justLTD on October 5, 2011 at 11:36pm

Thank you for clearing that up for me. I must have misread an email I received about a lease being prepared and sent out for bid, I apologize. I look forward to learning more about the group's goals.

I did find it amusing this evening when a landman from Interstate Explorations, LLC stopped by. One of the speakers last night said do not sign the first lease you see. (Or the third or the fourth, in our case) You can see they want you to sign, and quickly. $50/acre, for 5 years paid upfront, 14% royalties. He did say they are interested in drilling in the Utica. So am I, but not for that amount.

It's difficult to be patient, hopefully it will pay off. I feel like a kid who got to see the cookies, but didn't get to eat any (yet :-)

Comment by justLTD on October 4, 2011 at 10:05pm

The turn out was really good tonite. I still have no idea if there is any interest in Crawford county. The DEP presentation was average, having seen all of the maps already, nothing new was introduced. Northwest Savings presentation was what it was expected to be, however they lost me with the Skype of the Wayne County Landowner group member. I wonder how many others left with the same feeling. . . What is really going on in Crawford County, and what is the direction of this group. I understood that this was the last public informational meeting of the group, before they prepare their lease to send it out for bids. I did not sign anything, nor was I asked to. It's obvious that there is alot of interest due to the attendance tonite, but I still feel lost. Any additional info on the happenings in Crawford County is welcomed.

Comment by Barbara L Hall on October 1, 2011 at 4:50am

I am glad to see our group growing.   New menbers will bring us new knowledge.  It is information about landowner groups like the one just introduced by Randy Kareha that I have been looking for.   I have learned a little abot the process from a co-worker who is in a landowners group near Leeper, PA.   Landmen have been approaching people in my area to lease gas, mineral and oil rights for next to nothing.  I have been encouraging anyone I know to join our group, to get informed, and not be in any hurry to sign with the first Landman  who comes around offering a little money.  There is obviously strength in numbers (numbers of acres) and we need to stick together.   They would like to "pick us off" before we have a chance to get informed and form land owners groups. 

 

Comment by justLTD on September 4, 2011 at 12:11pm

The bickerning between reps. in neighboring counties is almost entertaining.  To my knowledge, only lowball lease offers are in Crawford County (correct me if i'm wrong).  I guess we'll have to sit back and wait for the offers to come in.

Comment by Dave on August 26, 2011 at 12:51am

If anyone knows of any meetings going on in crawford county, if they could post the day and times that would be great.

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