Where do you go to/look up the lease signing information? Is there one page that lists this info or do you have to look at a specific landowner.
What is the WWW info and other page info to do this?
I know that Wishgard is hot and heavy on the lease signing ( I have been contacted twice since Jan/12 but I have not heard or saw anything from ALOV yet.
in the field where it says last name/firm name type Wishgard and hit enter, you will see all of the memo of leases they have recorded since last year. There is quite a few in Ashtabula county, not as many in trumbull.
I see the word Wishguard again. Has anyone you know or seen a check paid by Wishguard in Ashtabula county? I keep hearing about the leases but they have been signing for well into early 2010. i just keep asking myself are they getting the 1600 plus they are offering? thanks!
When I looked at the site I only looked at page one not knowing there were 3 pages..Wishgard appears to have been very very busy signing. I understand that they have a lot more signings on the line. They did their homework early. Now to see if they pay on time. If they do and hold onto the leases they will make a fortune. Very good astute business practices.
Question: To anyone in the KNOW about leasing and the Eastern Ashtabula county O &G status.
1) Does Wishgard have a certain timetable to sell these leases to a Chesapeake, Shell etc or can they just sit on them until big offers come in?
2) Has anyone heard anything about any big companies coming into Eastern Ashtabula yet?
3) With all the signed acreage and all the pending to be signed leases by Wishgard it would appear that they would be taking away some of the bargaining leverage of other leasing folks, NOLA, ALOV, www,washingtonpalawyer.com, landmen, numerous Law firms and the list goes on.
I would believe that the more acreage you have on the table the better position you in for bargaining.
I welcome any and all comments on the above questions.
For the fun of it, I just added up all of the Wishgard acreage in the 435 leases they've recorded so far in Ashtabula. The total was approx. 12,800 acres, which really isn't very much considering the size of Ashtabula County (roughly 450,000 acres). Wishgard's acreage is very scattered which limits its marketability.
From my vantage point, the county's big acreage is committing to Bob Rea of Buckeye Mineral (successor to ALOV) with the help of the folks from the Eastern Ashtabula Landowners Assoc. The nice deal that ALOV just pulled off in Trumbull County really solidifies Bob's credentials... and it makes the naysayer Wishgard look really bad. My gut says Buckeye Mineral will probably be representing more than 50,000 acres in Ashtabula by the summer. Patience is the key.
i wonder if now from reading to march 28 article in trumbull tribune about alov and bp maybe getting a deal going for $3900 / acre it will slowdown the other leasing companies offering considerably less? maybe the oil companies are going to be in ashtabula sooner than we think.
mike , i thought you were refering to the ammount of leases nela had on record at recorders office, that 23000 acres that nela has is that in ashtabula county alone? thanks
not sure if its all in Ashtabula. With BP entering the shale play does 2 things. It brings another player in and will spur competitors. Also the 3900 an acre will set a floor with prices. They will go higher.
When you say do not sign commitment papers with land owner groups do you mean folks like ALOV?. I have not signed with anyone yet..just sitting back and watching everything evolve.
However I do like the lease they have and their overall focus on property.
I know about the flippers, mainly from this site and can agree with you on not signing with them.
Most of us know prices in Eastern Ashtabula should be promising so how do I lease my property out when the O@G companies start to come in and buy up the acreage.? How do you suggest I do it?
Wishguard is garbage. I spoke with an attorney and he said that they are a joke. When I said set the floor with prices I meant a real company coming into the shale play not an land group. This same attorney said NELA is a better situation. They have plenty of experience. I seen this attorney to make sure my property is in order. Folks this is coming. Just how big it gets is the billion dollar question.
If Wishgard is garbage why do they have 400 leases in Ashtabula County alone. If ALOV can pay in October 2012, thats great. I find it hard to believe that they can sell the "junk properties" to a driller for $3900. How likely is it that those acres get tied to a pooling unit and really receive royalties? I still hear that ALOV's driller will cherry pick what they want and leave the junk behind. How many of ALOV's original group has been paid.
Wishguard won't pay anyone until they flip the leases,its a bit like a pyramid scheme. As they flip the leases,they pay the bonuses. They aren't going to pay out all that money until they have a sure thing.
Exactly, John...I've asked several times for Wishgard reps to post ANY of their leased properties in Ohio where Wishgard paid the landowners BEFORE an O & G company had reached large leasing agreements in that area...so far, ZERO examples!
As far as Wishgard "leasing" more than 400 properties in Ashtabula County, NONE of those are actually leased until the landowner gets paid. Those filings in the Recorders Office are just Memorandum of Lease records...shows that there is SOMETHING there when records are checked, but DOESN'T show whether or not there is a valid lease. Check around on this site...several posts about Wishgard NOT paying for the "lease", but landowners not being able to lease with anyone else since Wishgard drags it's feet filing a Release with the Recorder's office...
Earliest Wishgard leases I can find in Ashtabula County were from October of 2011...since the 120 BUSINESS days to pay specified in the leases translates roughly 180 ACTUAL days, Wishgard hasn't had to pay anything - yet!
No clue, Susan...but as I said in a different thread, ALOV says it signs a separate agreement with the O & G company that states that unless ALL unencumbered properties in a group get signed and paid, then NONE of the group leases are valid. Whether or not this document exists, I don't know...I've never seen it. Wishgard, however, has never even said that all their leases must be accepted.
As I said, there are MANY posts throughout this site where landowners with clear title signed on with Wishgard, yet were not paid within the specified time. I have yet to find one such post from ANY of the past ALOV group members...
Ed, I'm sorry but you are wrong. Wishgard has already paid dozens and dozens of landowners in Geauga, Trumbull and Ashtabula counties. They paid the leases that had clear title and are doing all the curative work on the titles that need done to clear all that can be cleared at no expense to those landowners. This completely disproves everything you have just said. You also may want to do research on other land groups and you will find that there are a number of " land groups" have made deals with drillers that never got paid out or a small percentage of the total acreage actually did get paid once the driller got done cherry picking the pool. A deal is great for ALOV but time will tell who gets paid that.
Same as before, you twist everyone's words around to suit your (Wishgard's) needs! I never, EVER said Wishgard hasn't paid out on leases they signed landowners to...THIS is what I ACTUALLY said:
"As I said, there are MANY posts throughout this site where landowners with clear title signed on with Wishgard, yet were not paid within the specified time."
That, and my other comments in this forum, simply means that Wishgard has not always paid (or HAD to pay yet)...
I agree with you about owners in other groups not always getting paid (perfect example is the attorney group in PA last year that had HUGE problems with just this!), but my EXACT words said that I know of (and have seen NO examples in this forum or any other) NO ALOV group members not getting paid!
Now that I've made THAT clear, maybe you can tell Ashtabula County residents on here just what Wishgard is going to tell landowners who show up at the Wishgard landgrabbi...I mean leasing!...meeting at St. Mary's Church in Orwell next week. Maybe about how much better landowners who signed with Wishgard in Trumbull County did with Wishgard than they did with ALOV...even though most ARE going to get 2300 dollars an acre less! Even a meager landowner such as I with my 7 acres realizes that that would translate to a net loss of FIFTEEN THOUSAND ONE HUNDRED dollars, in my situation. WHAT, exactly, would that 16,100 dollars have bought me over the ALOV deal? :-D
Oh wait, I forgot about the wall that goes down 10,000 feet on the Ashtabula/Trumbull line. Ashtabula is still unproven ground. We better take what we can get.
What is the reason that this time around, ALOVE needs more time to pay bonues - I thought I saw October, 2012. That is about 7 months away. Did it take that long with their first group. Am I under the wrong impression that not everyone in the 1st group of ALOV got paid. Some did and some didn't?
The long pay date is simply what ALOV was able to negotiate with BP...as were all the other changes in this lease from prior leases they negotiated. If it was the best ALOV could get, then that's what they have to present to groupmembers...it's now up to the members to decide whether or not it's good enough...
@Susan - "Am I under the wrong impression that not everyone in the 1st group of ALOV got paid." Not arguing that all ALOV groupmembers from past groups have gotten paid...but just saying that I have yet to hear of or see a posting from anyone who hadn't (except for those who had title/existing lease issues with their land). Could you post references where you've seen that ALOV members didn't get paid, please? I'd like to have it for future reference... Thanks! :-)
I don't have hard evidence, you know how rumors are on this site. I get your point about the time frame for ALOV to get paid this time around. I guess I am just thinking that not everyone that signed with Wishgard prior is naive or greedy. Maybe falling on hard times, people couldn't wait. There are pros and cons to each side. Its too bad we get into name calling and derogatory remarks from landowners, lease flippers alike, instead of an information exchange. I wish the best to everyone.
No problem, Susan! I don't think any of the landowners who have signed with Wishgard are greedy, and prefer to think of them as uninformed rather than naive. There are always pros and cons on positions on this site...I've just so far not seen ONE benefit to signing with Wishgard rathering than joining a reputable group or just waiting a while to consider leasing...
As far as the arguments between site members, almost ALL of them have involved Wishgard reps! Those between Adam and I are a perfect example, and they would never happen if Adam accepted facts as facts and, instead of telling people that they're "wrong" or outright calling them liars, used facts to support his positions and statements. About a month ago, there was a site member who said he was an agent for Wishgard somewhere in northern Ashtabula County posting on here...he never guaranteed Wishgard would pay all who signed, he didn't twist facts or statements by others, he was completely professional in his approach to dealing with others. I've had NO problems with him whatsoever! :-)
Everyone on here is trying to do the right thing. GETTING PAID.... all of us are trusting these companies in hopes of GETTING PAID. Time will tell who made the right decisions. I hope I did right by signing up with NELA. I hope all of us are able to reap what God has put under our land.
I also signed with NELA and think it was a good decision just purchased 25 acres and will also sign it with them they are doing a good job and not high pressure.
Dukester.... Glad to hear that. I have 48.5 acres and a 5.5 acre lake which they have asked me if I would sell water for the fracking. Brett, the geologist is extremely knowledgeable. All the staff got their stuff together. my neighbor signed as well.
how does it work as far as selling water to drilling company? is it by the gallon,time frame or is it unlimited. what type of money are they talking for the use?
If you have a good lease and water is not included I guess you could ask what ever you want. I did see a few numbers at$5per thousand. I don't think you will get rich. The joke is around here as i have 50+ acres of water that's how I'm going to make the big money...
Contact me at Miller Realty 440-576-2811 and I'll arrange a time for a NELA rep to speak with you, show you the program, and answer your questions, all at no obligation. You decide if the program is right for you.
Bill Simpson
Where do you go to/look up the lease signing information? Is there one page that lists this info or do you have to look at a specific landowner.
What is the WWW info and other page info to do this?
I know that Wishgard is hot and heavy on the lease signing ( I have been contacted twice since Jan/12 but I have not heard or saw anything from ALOV yet.
Mar 21, 2012
Susan Johnson
If you go to the Ashtabula County Recorder's website - http://cotthosting.com/ohashtabula/LandRecords/protected/SrchQuickN...
in the field where it says last name/firm name type Wishgard and hit enter, you will see all of the memo of leases they have recorded since last year. There is quite a few in Ashtabula county, not as many in trumbull.
Mar 21, 2012
Bill Simpson
Thanks for this info. I notice some of my neighbors on there (all Amish).
I know first hand that they were all hurting for money and in dire financial need.
Mar 21, 2012
Ronaround
I see the word Wishguard again. Has anyone you know or seen a check paid by Wishguard in Ashtabula county? I keep hearing about the leases but they have been signing for well into early 2010. i just keep asking myself are they getting the 1600 plus they are offering? thanks!
Mar 21, 2012
Dan
I did hear that sometime in April the first people that signed should be getting paid, will see...
Mar 21, 2012
Bill Simpson
Question: To anyone in the KNOW about leasing and the Eastern Ashtabula county O &G status.
1) Does Wishgard have a certain timetable to sell these leases to a Chesapeake, Shell etc or can they just sit on them until big offers come in?
2) Has anyone heard anything about any big companies coming into Eastern Ashtabula yet?
3) With all the signed acreage and all the pending to be signed leases by Wishgard it would appear that they would be taking away some of the bargaining leverage of other leasing folks, NOLA, ALOV, www,washingtonpalawyer.com, landmen, numerous Law firms and the list goes on.
I would believe that the more acreage you have on the table the better position you in for bargaining.
I welcome any and all comments on the above questions.
Mar 21, 2012
Depolarized Farmer
For the fun of it, I just added up all of the Wishgard acreage in the 435 leases they've recorded so far in Ashtabula. The total was approx. 12,800 acres, which really isn't very much considering the size of Ashtabula County (roughly 450,000 acres). Wishgard's acreage is very scattered which limits its marketability.
From my vantage point, the county's big acreage is committing to Bob Rea of Buckeye Mineral (successor to ALOV) with the help of the folks from the Eastern Ashtabula Landowners Assoc. The nice deal that ALOV just pulled off in Trumbull County really solidifies Bob's credentials... and it makes the naysayer Wishgard look really bad. My gut says Buckeye Mineral will probably be representing more than 50,000 acres in Ashtabula by the summer. Patience is the key.
Mar 27, 2012
Michael Kromer
Check out NELA numbers. They are bigger than you think. Thanks. Shell will end up being a player in this
Mar 28, 2012
brynmore
mike kromer
how would one check nelas numbers? i thought by going to the nela meeting that no one was going to be signed until a year or so from now?
Mar 28, 2012
brynmore
i wonder if now from reading to march 28 article in trumbull tribune about alov and bp maybe getting a deal going for $3900 / acre it will slowdown the other leasing companies offering considerably less? maybe the oil companies are going to be in ashtabula sooner than we think.
Mar 28, 2012
Michael Kromer
Brynmore.... NELA has roughly 23,000 acres signed.
Mar 29, 2012
Ronaround
i was informed that the ALOV , Trumbull group will be getting paid in oct. 2012. from BP. i would be glad to get 3900.00 up here in Ashtabula...
Mar 29, 2012
john p halloran
Mar 29, 2012
brynmore
mike , i thought you were refering to the ammount of leases nela had on record at recorders office, that 23000 acres that nela has is that in ashtabula county alone? thanks
Mar 29, 2012
brynmore
does anyone know roughly how many acres are going to be held by production(HBP) in ashtabula county?
Mar 29, 2012
Michael Kromer
not sure if its all in Ashtabula. With BP entering the shale play does 2 things. It brings another player in and will spur competitors. Also the 3900 an acre will set a floor with prices. They will go higher.
Mar 29, 2012
Dan
I thought Wishgard set the floor?
Mar 29, 2012
john p halloran
Mar 29, 2012
john p halloran
Mar 29, 2012
Bill Simpson
However I do like the lease they have and their overall focus on property.
I know about the flippers, mainly from this site and can agree with you on not signing with them.
Most of us know prices in Eastern Ashtabula should be promising so how do I lease my property out when the O@G companies start to come in and buy up the acreage.? How do you suggest I do it?
Can you fill in the blanks
Mar 29, 2012
Michael Kromer
Mar 30, 2012
Susan Johnson
If Wishgard is garbage why do they have 400 leases in Ashtabula County alone. If ALOV can pay in October 2012, thats great. I find it hard to believe that they can sell the "junk properties" to a driller for $3900. How likely is it that those acres get tied to a pooling unit and really receive royalties? I still hear that ALOV's driller will cherry pick what they want and leave the junk behind. How many of ALOV's original group has been paid.
Mar 30, 2012
Ronaround
last April 2011 Wishgard signed leases. they claim 120 business days. Who has been paid? Today is march 30th. 2012.
Mar 30, 2012
john p halloran
Mar 30, 2012
john p halloran
Mar 30, 2012
Ronaround
then the claims of 120 days should stop. i talked with them at one time, I did not hear anything about waiting for anything, just 120 days.
Mar 30, 2012
john p halloran
Mar 30, 2012
Ed Ganelli
Exactly, John...I've asked several times for Wishgard reps to post ANY of their leased properties in Ohio where Wishgard paid the landowners BEFORE an O & G company had reached large leasing agreements in that area...so far, ZERO examples!
As far as Wishgard "leasing" more than 400 properties in Ashtabula County, NONE of those are actually leased until the landowner gets paid. Those filings in the Recorders Office are just Memorandum of Lease records...shows that there is SOMETHING there when records are checked, but DOESN'T show whether or not there is a valid lease. Check around on this site...several posts about Wishgard NOT paying for the "lease", but landowners not being able to lease with anyone else since Wishgard drags it's feet filing a Release with the Recorder's office...
Earliest Wishgard leases I can find in Ashtabula County were from October of 2011...since the 120 BUSINESS days to pay specified in the leases translates roughly 180 ACTUAL days, Wishgard hasn't had to pay anything - yet!
Mar 30, 2012
Susan Johnson
Have all participants in ALOV's first group gotten paid?
Mar 30, 2012
Ed Ganelli
No clue, Susan...but as I said in a different thread, ALOV says it signs a separate agreement with the O & G company that states that unless ALL unencumbered properties in a group get signed and paid, then NONE of the group leases are valid. Whether or not this document exists, I don't know...I've never seen it. Wishgard, however, has never even said that all their leases must be accepted.
As I said, there are MANY posts throughout this site where landowners with clear title signed on with Wishgard, yet were not paid within the specified time. I have yet to find one such post from ANY of the past ALOV group members...
Mar 30, 2012
Adam Thomas
Mar 30, 2012
Ed Ganelli
LMAO! Welcome back, Adam!
Same as before, you twist everyone's words around to suit your (Wishgard's) needs! I never, EVER said Wishgard hasn't paid out on leases they signed landowners to...THIS is what I ACTUALLY said:
"As I said, there are MANY posts throughout this site where landowners with clear title signed on with Wishgard, yet were not paid within the specified time."
That, and my other comments in this forum, simply means that Wishgard has not always paid (or HAD to pay yet)...
I agree with you about owners in other groups not always getting paid (perfect example is the attorney group in PA last year that had HUGE problems with just this!), but my EXACT words said that I know of (and have seen NO examples in this forum or any other) NO ALOV group members not getting paid!
Now that I've made THAT clear, maybe you can tell Ashtabula County residents on here just what Wishgard is going to tell landowners who show up at the Wishgard landgrabbi...I mean leasing!...meeting at St. Mary's Church in Orwell next week. Maybe about how much better landowners who signed with Wishgard in Trumbull County did with Wishgard than they did with ALOV...even though most ARE going to get 2300 dollars an acre less! Even a meager landowner such as I with my 7 acres realizes that that would translate to a net loss of FIFTEEN THOUSAND ONE HUNDRED dollars, in my situation. WHAT, exactly, would that 16,100 dollars have bought me over the ALOV deal? :-D
Mar 30, 2012
Brad
Ouch Adam......hope you have a better price to offer at your meeting......like 150% more than what you've been offering.
Mar 30, 2012
Brad
Oh wait, I forgot about the wall that goes down 10,000 feet on the Ashtabula/Trumbull line. Ashtabula is still unproven ground. We better take what we can get.
Mar 30, 2012
Susan Johnson
What is the reason that this time around, ALOVE needs more time to pay bonues - I thought I saw October, 2012. That is about 7 months away. Did it take that long with their first group. Am I under the wrong impression that not everyone in the 1st group of ALOV got paid. Some did and some didn't?
Mar 30, 2012
Brad
I would guess that 84,000 acres worth of land records will take a while to research/verify by the driller.
Mar 30, 2012
Ed Ganelli
The long pay date is simply what ALOV was able to negotiate with BP...as were all the other changes in this lease from prior leases they negotiated. If it was the best ALOV could get, then that's what they have to present to groupmembers...it's now up to the members to decide whether or not it's good enough...
@Susan - "Am I under the wrong impression that not everyone in the 1st group of ALOV got paid." Not arguing that all ALOV groupmembers from past groups have gotten paid...but just saying that I have yet to hear of or see a posting from anyone who hadn't (except for those who had title/existing lease issues with their land). Could you post references where you've seen that ALOV members didn't get paid, please? I'd like to have it for future reference... Thanks! :-)
Mar 30, 2012
Susan Johnson
I don't have hard evidence, you know how rumors are on this site. I get your point about the time frame for ALOV to get paid this time around. I guess I am just thinking that not everyone that signed with Wishgard prior is naive or greedy. Maybe falling on hard times, people couldn't wait. There are pros and cons to each side. Its too bad we get into name calling and derogatory remarks from landowners, lease flippers alike, instead of an information exchange. I wish the best to everyone.
Mar 30, 2012
Jackie
I've heard that only one individual in Ashtabula County has been paid by Wishgard?
Mar 30, 2012
Ed Ganelli
No problem, Susan! I don't think any of the landowners who have signed with Wishgard are greedy, and prefer to think of them as uninformed rather than naive. There are always pros and cons on positions on this site...I've just so far not seen ONE benefit to signing with Wishgard rathering than joining a reputable group or just waiting a while to consider leasing...
As far as the arguments between site members, almost ALL of them have involved Wishgard reps! Those between Adam and I are a perfect example, and they would never happen if Adam accepted facts as facts and, instead of telling people that they're "wrong" or outright calling them liars, used facts to support his positions and statements. About a month ago, there was a site member who said he was an agent for Wishgard somewhere in northern Ashtabula County posting on here...he never guaranteed Wishgard would pay all who signed, he didn't twist facts or statements by others, he was completely professional in his approach to dealing with others. I've had NO problems with him whatsoever! :-)
Mar 30, 2012
Michael Kromer
Everyone on here is trying to do the right thing. GETTING PAID.... all of us are trusting these companies in hopes of GETTING PAID. Time will tell who made the right decisions. I hope I did right by signing up with NELA. I hope all of us are able to reap what God has put under our land.
Mar 30, 2012
Dukester
I also signed with NELA and think it was a good decision just purchased 25 acres and will also sign it with them they are doing a good job and not high pressure.
Mar 30, 2012
Michael Kromer
Dukester.... Glad to hear that. I have 48.5 acres and a 5.5 acre lake which they have asked me if I would sell water for the fracking. Brett, the geologist is extremely knowledgeable. All the staff got their stuff together. my neighbor signed as well.
Mar 30, 2012
hunter4440
Can someone please give to me the contact information for NELA. Thank you...
Mar 31, 2012
Tom Tube
www.nelashale.org
Mar 31, 2012
brynmore
mike kromer
how does it work as far as selling water to drilling company? is it by the gallon,time frame or is it unlimited. what type of money are they talking for the use?
Apr 1, 2012
Dan
If you have a good lease and water is not included I guess you could ask what ever you want. I did see a few numbers at$5per thousand. I don't think you will get rich. The joke is around here as i have 50+ acres of water that's how I'm going to make the big money...
Apr 1, 2012
Jackie
Contact me at Miller Realty 440-576-2811 and I'll arrange a time for a NELA rep to speak with you, show you the program, and answer your questions, all at no obligation. You decide if the program is right for you.
Apr 1, 2012
Michael Kromer
Dan..... Wheres your Lake? Whats the name of it?
Apr 1, 2012
Michael Kromer
Brynmore...... Looking anywhere at 2 to 3 cents a gallon. But..... at a million gallons per leg. Then 4 legs........ 4 million gallons.
Apr 1, 2012