Marinall - due to the joining of the two land groups we have extended our desired date to complete the process of negotiations to Sept 30th. This is just a planned date, it could be faster or slower depending on negotiations. You may have read that recently ( past 2 weeks) the per acre $ has gone up a great deal. I hope we get the advantage of this new interest by major oil companies.
Hi - I live in MD but own land in Megsville. When approached last year by "land men" I advised my cousins not to sign but to get together and form a group to get a better deal. I spent over 30 years working in the gas & oil industry. My cousins land, along with mine, started the non profit group Morgan County Land Group. I firmly believe it is the best way to deal with something as large as this will be to Morgan County. It is a lot of work and my cousins have done a great job but in the end this is a once in a lifetime chance and should be watched closely so all benefit fairly.
Olin Hupp
Marinall - due to the joining of the two land groups we have extended our desired date to complete the process of negotiations to Sept 30th. This is just a planned date, it could be faster or slower depending on negotiations. You may have read that recently ( past 2 weeks) the per acre $ has gone up a great deal. I hope we get the advantage of this new interest by major oil companies.
Jan 10, 2012
Olin Hupp
Hi - I live in MD but own land in Megsville. When approached last year by "land men" I advised my cousins not to sign but to get together and form a group to get a better deal. I spent over 30 years working in the gas & oil industry. My cousins land, along with mine, started the non profit group Morgan County Land Group. I firmly believe it is the best way to deal with something as large as this will be to Morgan County. It is a lot of work and my cousins have done a great job but in the end this is a once in a lifetime chance and should be watched closely so all benefit fairly.
Jan 10, 2012