OK so I just got a letter yesterday with a lease offer...I did not realize all of what is happening in our vacation home area....now I am researching....
We signed a lease a year and a half ago and things continue to progress with the first well permitted east of Dushore. Read as much as you can, but I recommend having a lawyer review any lease offer you are contemplating. We were part of a landowners group for our lease, so we felt we got the best terms we could at the time. Things are very fluid in this Marcellus Shale play, but there is already a lot of money invested and large companies are posturing for their pieces.
Hi Jeff, I just found out that our land was place into a " Notice of pooled unit " on Dec. 16, 2010 and was given a Sullivan Co. instrument number 201103456. I did not recieve any notice about it. How can I find out more about this and has anyone else heard about this.
Gwen Semmens
Mar 3, 2010
Jeff Ottaviano
We are also part-time Sullivan County residents.
We signed a lease a year and a half ago and things continue to progress with the first well permitted east of Dushore. Read as much as you can, but I recommend having a lawyer review any lease offer you are contemplating. We were part of a landowners group for our lease, so we felt we got the best terms we could at the time. Things are very fluid in this Marcellus Shale play, but there is already a lot of money invested and large companies are posturing for their pieces.
Mar 3, 2010
John Painter
Sep 7, 2011