Clarion County, PA

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CX Energy: marketing gas rights

Did anyone attend a meeting in Clarion last week with Ionta Consulting Services regarding contracting with CX Energy to market your gas rights?  Need 20,000 acreage per group, to pay $3850 per acre?

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    Mike Stevens

    I have never heard of Ionta Consulting Services before this thread. I do know that CX-Energy had a meeting scheduled for Tuesday, July 17 at the American Legion in Clarion. I had attended two previous presentations by CX-Energy in Emlenton so I called them to find out what information this latest meeting in Clarion would cover. I was told that they are still in the stage of accumulating acreage to market. Essentially it would have been the same presentation(s) as the previous meetings so I did not attend. One thing that was mentioned to me when speaking to them is that the O&G companies view Clarion County as a dry-gas area which was surprising to me as I had been under the impression that Clarion County is a wet-gas area.

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      DNH

      Don't forget that these guys only MARKET your property.  There are no guarantees that they will find anyone to lease at the proposed terms.  I'm pretty confident that we, as landowners, would know of any potential leasees in the area and would be able to obtain the going lease rates (if not better) than a "broker"....fact of the matter is that things are just quiet at the moment.  12 months is a long time to be tied up...a lot can happen in that time!

       

      That said, everyone needs to do what's best for them!

      Good luck!

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        Redacted

        Do NOT engage in business with Domenic Ionta of New Castle, PA. This man has defrauded my business.

        Would you really want an unethical partner?

        I can divulge more specifics through private messaging. Thank you.