Comment

Comment by Bobby on October 22, 2011 at 1:01pm

My brothers and I have 45 acres unleased acreage in Plain Twp./Wayne County and wondered if anyone has heard of any companies that have expressed interest in that area other than Avalanche.

Comment by Finnbear on October 20, 2011 at 1:58pm

Not stepping on my toes at all Rich. I agree with you completely about being in a group. Some of my neighbors and I have formed NEWWS Landowners (Neighbors of Eastern Wayne & Western Stark) Group because of some of the "offers" that have been floated by outfits like Avalanche recently. Our group encompasses the other part of Wayne where Mohican leaves off. Our nucleus is in Baughman and Green townships but I look for that to expand quickly. I am part of another large group in SE Ohio and bring that experience with me. We have a talented attorney in our corner who has negotiated some land groups in SE OH recently and has also been successful in getting some HBP properties freed up for a second lease on the deep rights. We are just getting off the ground but I believe we have a recipe for success. The key is getting landowners educated, organized, and prepared for the time when the serious oil and gas producers come calling.

Comment by Rich Koehler on October 20, 2011 at 1:00pm

Further update on the Mohican Basin group - we will not be having any more meetings.  We are going to concentrate on signing landowners in the areas where we already have quite a few members.  That means SW Wayne, NW Holmes, NE Knox, and SE Ashland counties.  We are trying to get as solid a block of members as we can.  We will continue to welcome new members in those areas, but membership will close on December 1.  After that we will start taking bids on our lands with our lease.

Comment by Rich Koehler on October 20, 2011 at 6:45am

I'm not trying to step on Finnbear's toes here. It's just that you all will do much better for yourselves if you get in some group.

Become familiar with SB 165, the revisions to our gas and oil drilling law. Among other things, you will find out there is no future on planning to be a holdout within a drilling unit. The Unitization clause permits the driller to force your land into the unit - at the cheapest price they paid for any part of it.

You really need to be in a group or have the money and chops to hire an exceptionally talented attorney on your own. Remember, you are essentially playing high stakes poker with companies who have already invested over $1,500,000,000.00 in leaseholds in this state. I think their pockets are a bit deeper than yours.

Comment by Rich Koehler on October 20, 2011 at 6:38am

Is there anyone here besides Steve Myers and myself who are in the Mohican Basin group? It's big, started in the Wayne/Holmes/Ashland/Knox intersection area. The region is mostly in the Columbia Gas storage lease area and the main concern is that Columbia seems to think a storage lease gives them rights to drill above and below the Clinton in addition to storing gas in the Clinton. Our attorney thinks otherwise and is so convinced he's right and able to prevail that he is working strictly on a commission basis. If you're in the southwest part of the county, watch the Daily Record (Here and There) and listen to QKT for announcements about meetings. Attend one and at least buy the $5 (printing cost) booklet. It contains a copy of the 26 page landowner friendly lease that the ALOV signed, with explanatory notes. You owe it to yourself and your family to invest a couple of hours in getting informed.

Comment by Finnbear on October 20, 2011 at 3:00am

We are starting a landowner group for Baughman and Green township residents interested in pursuing a landowner friendly lease in the future.

Email NEWWS.Landowners@gmail.com for more information and to be included on the meeting invitation list.

Comment by Rich Koehler on October 20, 2011 at 2:23am

James - if you are in the Wayne County area and have not been contacted yet, odds are very high that there is some kind of lease on your property. You can go to the county recorders office in Wooster, ask the very patient ladies some questions, and begin to educate yourself about leases. I strongly suggest you find a local group of landowners to associate with. Some are for-profit and some are not. Look around, go to a meeting or two.

For your drilling question, it's a matter of putting more pressure on one part of the bit than on the others. The turns are not sharp - the radius is quite large actually - but the drill operator knows within an amazingly small error window exactly where the thing is. Recall the incident involving the Chilean miners a year or so ago. Drillers hit a small diameter air shaft from about a half mile away - on the first try and exactly when they expected to hit it.

Comment by James Wallen on October 19, 2011 at 3:17pm

Can anyone tell me how I can put my name or property out there in order to lease my land out to a driller? I am just looking for a fair & honest lease.

Comment by Finnbear on October 19, 2011 at 7:29am

Rich,

I assume you mean Sugar Creek Twp, Wayne County? I'd like to talk to the company that offered the $3000 signing bonus. I am part of a group in Wayne County, Baughman and Green Townships and we'd like to explore that offer. Please contact me off-list if you will.

 

Comment by Rich Koehler on October 19, 2011 at 7:05am

Finnbear - She said they checked with their contact and the group is from the Sugar Creek area.  She also said their attorney suggested they not be in anything resembling a hurry, even to join a group, since some groups are "for profit" outfits with the main concern being signing members for a fee. 

Are we allowed to mention specific landowner groups on here?  I have been favorably impressed with the one I'm in - a registered non-profit, primary focus being to protect the land and landowners, 100,000 acres and about 850 members.  We will close membership Dec. 1.

 

• ‹ Previous
• 1
• …
• 4
• 5
• 6
• 7
• Next ›
• Page