Comment

Comment by the two of us on September 4, 2013 at 4:45pm

It makes a difference to me that
Landowners have been burnt before by
This company. I would not do business
With them. (Trust ) They have showed me what they
Think of the landowners. Besides they
Are just middle men. That wants 6% for a deal you can get
Yourself. Your not leasing to them it's the gas co that gets the lease.
If the gas co don't want your land CX ain't going
To force them to take it. The gas co's landmen will
Contact you if they are interested. If I would have paid 6% for the land I leased
In butler county I would have paid $9,000.00. For nothing! The
Landowners group I was in charged 25.00 for expenses
( lawyer, graphs, hall rental ect...).

Comment by Berk on September 4, 2013 at 4:10pm

I've had a slow brain burning legal question for some time now.  Lets say I own the oil/gas rights below a piece of land, but I don't own the surface. There is currently no lease on this oil and gas rights. Now along come the perfect lease, but of course it has the normal surface wording for a 5 AC Pad and roads and pipe ROWS. Now how can I sign this lease I don't have the rights to allow a pad on the surface do I? If so If I were the land owner I sure wouldn't be happy looking out my window and watching the construction crew moving in along with a rig and all the stuff coming with it and no check in hand. My guess is it would have to be a lease like the game commission has done in the past with no surface disturbance. Is this correct? Anyone have any thoughts to this?         

Comment by Janice L. Hancharick on September 4, 2013 at 3:47pm

Rex and Si have made significant statements here.  The resources are not going away, and they will be needed ... if  not now then in the future, although I believe a century is a stretch simply based on global population growth, energy needs, and environmental concerns.  

From one county to the next, from one township to the next, the quality of marketable shale varies greatly. Every company I know must profit to stay in business.  If a lease hasn't come to a specific area yet, learn why. What are the market demands ... our country's and the world's needs?  O&G firms aren't just looking @ the present. They must look far into the future because they're juggling billion$$$ and having to consider world politics and the volatility of current O&G sources.

Not belittling what each county has ... be it the mother lode or simply a goodly amt. of oil, natural gas and related components. Two things are deadly to a landowners' group that wants to succeed.  Impatience, and representation that's inexperienced and has no established  footprint in the energy world.  

If it takes longer to seal a fair deal than a person is willing to wait, or if that individual is called  home to our Lord before it happens (I've seen it happen) DO FAMILY MEMBERS A FAVOR ... spell out in detail exactly what family OGMs are available to market ... parcel #'s, depths held by old leases, identify storage fields leases and their depths, pipeline leases, right-of-ways ... where the info is located @ courthouses and in private family safes, etc..  Establish a detailed paper trail to help yourself now, and others later.  This will keep E&P companies, pipeline companies, and whatever/whoever else comes along from trying to control what you know to be yours.

4-County and many other landowner groups have advocated such actions as just one way to keep the members on top of the situation ... one that is ever evolving as we move through 2013 and beyond.

Comment by the two of us on September 4, 2013 at 1:17pm

Be very careful you might be burnt next! Good luck

Comment by Greg K on September 4, 2013 at 9:55am

Whether or not they burnt someone is irrelevant ?

Comment by rex roae on September 4, 2013 at 9:02am

I have no problem joining CX if they can help me get a lease.  Whether or not they burnt some people is irrelevant to me.  This is business and I'll use every option available to me and that includes using a company who has helped get thousands paid in the past.

Berk, Range didn't offer me a very landowner friendly lease which is why I signed with Guardian for less money.   Didn't work out but I won't dwell on it.

Comment by sldouglass on September 4, 2013 at 8:58am

One does not ordinarily pick apples or peaches until they are ripe.

The stuff is down there, but the area is vast.  Available funds will be spent where production is cheapest and the infrastructure of pipelines and plants are readily available.  The unconventional shales are pretty deep in Crawford County and environs and more costly to produce - not immediately exciting - but certainly in the picture within the next hundred years.

But there is rediscovery of some of the shallower and even conventional strata and who knows!  Right now there is plenty of gas being produced for the current market.  Southwest Pa and areas of Ohio seem to be doing nicely,  And proximity to market keeps Northeast Pa interesting.

At some time what is available at greater expense will be needed and the offers will be strong.

Meanwhile the opportunists who want to buy low and have the means to wait for the right price will continue some efforts. 

I understand the former CEO of Chespeake is back in the picture trying to acquire properties with the help of various landman activities.  Maybe that operation will find its way to the area.  Meanwhile the control of much of the area is covered by existing old leases that discourages anyone wanting to create a new field.  Time is the friend of the producers.

Comment by james on September 4, 2013 at 8:52am

If they get a good lease offer I have no trouble joining them, I don't have a problem giving them a cut if they perform. Just saying the same thing over and over like a broken record isn't what I want to hear. I don't care if they have talked to every gas/oil company in the world if they don't get a deal. If I worked for CX I would do the same thing, I wouldnt want everyone to leave, I wouldn't make any money without landowners.

Comment by james on September 4, 2013 at 8:44am

Janice, it's not a money thing, if someone tells me they expect a deal by the first of the year to get me to sign and then a year later nothing has happened then I start to doubt or believe them anymore. If they have as many companies interested as they say then they would have got some kind of offer by now, maybe not the best offer, but something. I don't believe CX anymore, I think they are just talking about all these companies to keep people like me from leaving the group, all IMO of course.

Comment by R. East on September 4, 2013 at 8:36am

The CX response to James, etal, was very predicable..........we've seen it over..and over and over........

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