Comment

Comment by Janice L. Hancharick on March 2, 2014 at 5:26am

Jim, I don't know what influence you believe you had on "taking down the prices of O&G rights on their website", however it is possible that the reason is because prices on anything aren't static, or the wealth of O&G resources varies from region to region, or even that proximity to market and processing plants differs from drilling site to drilling site.  

I expect few readers are intimidated or fearful of making a phone call and receiving personal attention.  That's not sarcasm, just the truth.

     

Comment by Janice L. Hancharick on February 27, 2014 at 11:05am

No sarcasm intended.  I often get requests for my idea on what a  "fair price" would be for OGM acreage, leased or unleased.  Personally I hate to see folks sell them, esp. if the acreage appears promising.  However I have heard enough sad stories to realize that often the NEED truly exists and the sellers feel lucky to have something of value to sell!  Another scenario is one where "the old family farm" has been handed down so many times that it's now owned by 30+ people some of whom may never have met!  Selling the land/OGMs can be a way to settle an estate.

There are great deals to be had when only one side knows what's being sold.  There are very fair deals to be had when BOTH sides know  the value.  Folks should forever be doing their homework.

Comment by j. rick on February 25, 2014 at 2:46pm

whatever it takes Janice, but no need to be sarcastic but then again I guess theres a reason for the defense.

Comment by james on February 25, 2014 at 8:08am

I had 56 acres that had a nice house, garage, and $60,000+ in timber value for sale a few months ago that included all gas and oil rights I was asking $5500 an acre and could even sell it. It was located near Conneautville.

Comment by james on February 25, 2014 at 8:05am

Thanks Jim, I believe your info. Is appreciated by most of the people on this board. I think they will have trouble selling the rights for these amounts considering there is very little activity in Crawford county and you can still buy land that includes the gas/oil rights in Crawford ounty for
Less then they are asking just for rights. Rex has a nice piece of land with full rights for sale for less then $3000 an acre, unleased.

Comment by Janice L. Hancharick on February 25, 2014 at 7:55am

It's OK for anyone to put land (rights) up for sale @ any time, isn't it?  Perhaps the family has a medical emergency, $omeone to send to college,  taxes to pay, or are hoping for a home in some exotic location other than Vernon. Finding a buyer for the price listed is the task now.

Comment by gary smith on February 18, 2014 at 5:13am

I don't believe 'shut in'  means a well is bad.  keep the faith.

Comment by gary smith on February 13, 2014 at 1:50pm

I  might be wrong jim. if it is a permit for another well,the badmouthing of the first one is off base.

Comment by gary smith on February 13, 2014 at 9:19am

looks to mean they are drilling another well at that bad site.  hahahahah

Comment by Bob Jenness on January 27, 2014 at 12:13am

Mark,

Thanks for posting that.  Looks like MWE is a better investment than Crawford County OGM right now:-)  I still like the green of our trees better than the green of MWE bottom line, but both are pretty.

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