"I have been approached by R&S Operating. I'm 3-4 miles north of Dellroy. The offer is variable but has a very low sign on bonus for any of the royalty options:1/8 royalty w/ $500/acre, 3/16 royalty w/ $375/acre or 1/5 royalty w/ $350/acre."
As of July 18 Enervest sold all of the Utica, Point Pleasant and Trenton formation portion of their leases in Carroll and surrounding counties to EAP LLC. The last royalty payment that I received from the Cairn 5H was from Enervest for products sold in August 2019. This may be an issue of broader concern, but I was hoping to hear from any other Cairn 5H or other Enervest leased royalty owners first. I'm not sure if…See More
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]