If you are lucky enough to get a well on your property, cutting of trees will depend on the terms of the lease. You will see the lease before you sign it. Generally, they will arrange cutting but an option maybe in the lease. AS of now I do not know what our final lease will permit.
Some of the stakes are on my fathers old farm that the coal co purchased years ago. John Wells said that:
"AEP (Franklin Real Estate) leased to Artex in 2008. In May of 2011 Artex partial assigned the Franklin Real Estate lease and many other leases it had acquired in Morgan County and other Counties to Anadarko E&P. Anadarko acquired 66.66% of Artex's interest. Artex retained everything above the Queenston Shale and everything below the Trenton (ie Rose Run). In other words Artex and Anadarko are now partners. Primarily in Deerfield, Bloom, York, Union, Bristol, Center, & Meigsville Townships. Also a lot of Blue Rock in Muskingum County."
So it would seem they are now moving forward to drill.
Olin Hupp
at this time, we hope to complete all negotiations by that date or earlier. we will see how it goes.
Jan 11, 2012
Olin Hupp
If you are lucky enough to get a well on your property, cutting of trees will depend on the terms of the lease. You will see the lease before you sign it. Generally, they will arrange cutting but an option maybe in the lease. AS of now I do not know what our final lease will permit.
Jan 11, 2012
Olin Hupp
Some of the stakes are on my fathers old farm that the coal co purchased years ago. John Wells said that:
"AEP (Franklin Real Estate) leased to Artex in 2008. In May of 2011 Artex partial assigned the Franklin Real Estate lease and many other leases it had acquired in Morgan County and other Counties to Anadarko E&P. Anadarko acquired 66.66% of Artex's interest. Artex retained everything above the Queenston Shale and everything below the Trenton (ie Rose Run). In other words Artex and Anadarko are now partners. Primarily in Deerfield, Bloom, York, Union, Bristol, Center, & Meigsville Townships. Also a lot of Blue Rock in Muskingum County."
So it would seem they are now moving forward to drill.
Jan 16, 2012