hi im a land owner in delaware co 20 acres i need info on all of this and if im in a good spot for drilling or future lease as im purchesing more land connected to mine
Everyone in NY should read DEC's EXCELLENT response to Walter Hang's allegation in the Binghamton Press that there were 270 oil spills attributed to oil and gas wells. This letter to Assemblyman Bill Parment illustrates how statistics can be manipulated. Bill Parment has always been a strong supporter of landowner rights and has supported the oil and gas industry.Parment Letter.pdf
Such WONDERFUL reading you have provided. It is so good to finally see sensibility and logic moving into the chatter.
Let us keep up the hope that NY will come out of this on the right side.
Regarding the bonus payments are people talking about per year or is the bonus for the entire lease period? I.e. 10 yr lease at $3000/acre. Does that mean $30,000 per acre total over 10 years?
Mark, the $3000 bonus is a one time up front payment. If they have an extension in the lease, after the ten year period is up they may choose to exercise this option at a set price in the lease.
Cortland/Summerhill/Moravia/Groton.....A farmer on Lake Cumo is trying to organize a landowners group in this area. He will put an ad in the pennysaver to have a meeting sometime in March at the Summerhill Town Hall on Rt. 90.
NY landowners who are trying to find out what is happening in their area should find a coalition to join. The best leases and deals to date have been negotiated by landowner coalitions in PA and NY.
If you need to find one, go to the website for the Joint Landowners Coalition New York at http://jlcny.org
john
Feb 19, 2009
John O'Hara
May 7, 2009
Robin Fehrenbach Scala
Sep 15, 2009
Greg Sovas
Jan 11, 2010
Robin Fehrenbach Scala
Let us keep up the hope that NY will come out of this on the right side.
Jan 11, 2010
Mark Yowan
Jan 12, 2010
Austin Eudaly
Jan 12, 2010
Susan Oliver
Jan 13, 2010
Mark Yowan
Feb 12, 2010
Irene Hufnagle
Mar 3, 2010
Robin Fehrenbach Scala
If you need to find one, go to the website for the Joint Landowners Coalition New York at http://jlcny.org
Apr 10, 2010
John O'Hara
Apr 26, 2010
Paul Butski
Apr 26, 2010