We signed a lease with Phillips in 2007 which was sold 2 years later to Atlas. No drilling has been done to date. The lease is due to expire early next year. We have been contacted by letter and…Continue
"Thanks James...trying to get a feel for the climate up there in terms of signing. My immediate neighbor who is a resident plans to sign cause he needs the money. Neighbor beyond him is looking for better terms, but he doesn't…"
"Just remember, they need us more then we need them, if the landowners don’t sign, they can’t drill. Lots of people are afraid of missing out on getting a lease so they just take whatever they are offered and sign away, more people need…"
"I talked to a couple people and they talked like they weren’t paying more then the $2000 14% at this time, most of the time nobody gives you the best offer right off the bat, they usually leave room for negotiation, I wouldn’t be…"
"I have an attorney...but I live in Pittsburgh and am trying to figure out whats going on.
Yes, they are putting together the next land unit for drilling in 2020. They just finished one for drilling summer 2019.
Just looking for some…"
"I’m not sure, if gas prices keep going up I would think more gas companies would get more aggressive with leasing, some companies already have years of acres tied up and are only leasing where they need to finish up a unit. I know Edgemarc…"
"Ask to cap the transportation costs and any other post-production expenses such as compression, marketing, trestment. Make sure that cap stays in place, survives an assignment or conveyance should your well be unitized of assigned. Reasonable…"
"My lease indicates the same numbers.... post the cost of production and transportation.. A lot of other concerns in the lease regarding the landowner rights. Nothing there as protection.
I've heard they are not negotiating…"
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 ]