"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."
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Brian Werner replied to Brian Werner's discussion 'Cairn 5H - No Royalties Since Lease Sold to EAP' in the group Monroe County, OH"Sorry for posting this twice. Both times I have posted it to the Carroll County group and both times it ends up in the Monroe County group."
Brian Werner added a discussion to the group Monroe County, OHCairn 5H - No Royalties Since Lease Sold to EAP
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
Brian Werner joined Keith Mauck (Site Publisher)'s groupMonroe County, OH
All things pertaining to leasing, drilling and production in Monroe County. + Add a Group Discussion See More
Profile Information
- What is your role?
- Landowner
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Utica
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