Comment

Comment by james on September 19, 2014 at 8:58am

Dave, here is the landmans name and number, bill cousins, his number is 724-549-1278 the office number is 724-783-7624, let me know what they have to say if you don't mind.

Comment by Dave on September 19, 2014 at 8:24am

Does anyone have an email address for U.S Energy and a website?

Comment by john doe on September 19, 2014 at 2:36am

I had an inquiry to buy the shallow rights early summer,I believe he said up to 50.00 an acre only looking for oil.

I never followed thru as I was unsure how that may affect a future deep well, the way my property lies it would be an excellent pad site.

Anyone care to venture  as how having shallow wells on a property would affect deep well drillers.

central Crawford co.

Comment by Dave on September 19, 2014 at 12:48am

I would definitely do it if there was a well producing with in 12-24 months.

Comment by james on September 17, 2014 at 1:31am

That's true, but are people going to sign up for these prices, I'm not.

Comment by james on September 16, 2014 at 3:07pm

Yes

Comment by Dave on September 16, 2014 at 2:19pm

Is this US Energy Exploration a company out of rural valley,PA?

Comment by james on September 16, 2014 at 1:40pm

I understand that, but was wondering if they would pay more then the 12 1/2% minimum. If you could get 16%-17% that would amount to a lot more with that much oil production.

Comment by james on September 16, 2014 at 12:26pm

You would think they would pay more then $50 an acre to get results like this? I wonder if they would pay a bigger percentage on royalties?

Comment by james on September 16, 2014 at 12:23pm

If they can pull 80 barrels of oil a day x 30 days equals 2400 barrels a month x $100 a barrel equals $240,000 a month in oil. He said these wells cost $1 million to drill, they are making money in less then a year. Landowners would do well to if the units weren't to big?

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