Comment

Comment by Miller on August 9, 2012 at 5:23am

Well we finally have the first permit for Holmes County

Comment by Mark Allen on July 5, 2012 at 3:07am

Holmes county going to bid?  Sounds like interest is rising and the potential looks good. Units are formed by the landowner groups, they look tight and appealing.

We need to get feedback from the individuals out there that have been approached.  Questions as to the current market, lease language, royalties offered, gross or net,value on bonus consideration and the companies making moves.

Comment by Mark Allen on May 17, 2012 at 2:20pm

assignment,bill osf sale and conveyance as of November 1st 2011-- chesepeake appalachia,chesepeake exploration,chesepeake aec acquisition and jamestown resources llc as collectively Assignors to Devon Energy Production Company....all Oklahoma...filed for record 01-24-2012

Comment by dan gladyszewski on May 16, 2012 at 2:38pm

I'm in Ashland county, It's great to see competition in your area, it brings prices up, good luck to you all! I have friends that  live ther, I'll try to get  them on GMS.

Comment by Mark Allen on May 16, 2012 at 2:29pm

I believe we have Anadarko and Devon making the 1st moves, as there are stakes along US62 east of Bunker Hill.  stakes on TR606 west of CR186 ....CR77 north of SR241...Section 7 of Walnut Creek twp.

Watch ODNR site for the permits to appear, it looks like the leasee is getting the cart before the horse.  Many affidavits,many files to read, many assignments to reconsider, ammendments are coming and one might ask ''what is the cost of a ammendment?''.......to each his own.

Comment by Miller on May 16, 2012 at 12:54am

Can you tell us where the pad sites have been staked and by what company?

Comment by Mark Allen on May 15, 2012 at 2:11am

It is offical, we have a site for the Holmes county marketplace.

I know there are several folks out there wandering why Holmes has been slow to the game. Well guess what they are here now and in big fashion.

Enervest-Anadarko-Devon-Lario-Endeavor-Consol-Chesepeake-Chevron; they all know about this region and it looks like the oil is good, the rocks are good, the HBP is all over, but mostly owned by the lessor...rare but true, alot of homes and buildings in this area are serviced by landowner/mineral owner wells that draw from the clinton sands...there are 10,000 plus acrea on the eastern half ready to go to market. There are at least 4 potential pad sites already staked. Through the art of assignment and other transactions many small leasee's have given the big boys a quiet hold on this peaceful part of Ohio.  The pace of life here may seem to be slow from the outsiders viewpoint, but in behind the scenes it is ready to drill.

OPEN up and share your thoughts and views on the Holmes county forum.    

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