Penn Land Owners

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*No Promo Zone. This group is for land owners in Pennsylvania to share information about anything concerning the Marcellus Shale.

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Elizabeth Twp Pa

by scott m

Aug 17, 2015

Both Huntley and EQT are the larger lease owners in the above Twp. with Huntley being the largest and I should add, both are very good companies. Since a lot of flyers have been hitting both my and other landowners to buy our lease rights or portions there of, was wondering if any one knew what was going on here in the foreseeable future. Just curious and thanks Scott  

  • up

    Dale

    Scott, my Dad has part interest in mineral rights on his inherited rights in Elizabeth township - apporoximately 107 acres. He was working with an Attorney, had a lease agreed upon and was in the process of signing when the oil/gas market tanked- thus EQT declined to sign the lease. Offer was 5000/acre 17% gross. Are you saying EQT is actively seeking to lease land currently in Elizabet township. So far no one has contacted my Dad.

    What have you signed for per acre and royalty and what is currently be solicited?

    Thanks Dale.

    1

    Aug 17, 2015