It has been three months since our last communication. Have there been any new developments from your perspective?

Thanks--Some want to sign for low upfront monies with contingencies in place..
Those being 25 % royalty--in production within 3 yrs--with no shut in clause for 2 yrs consecutive-- I for one thing the three components--bonus--royalty--& lease language are ALL equally important and not one of these three should be compromised considering this stacked play and our local.

Jean

IYO--What would be an expected offer right now in this climate in N.Y. along the Pa. border in broome county. --Geology is great-- Mill is 4 miles away-- 6000 acres plus ( total coalition at this time )surrounded by xto leases of 2 yrs ago.. I think a small co may love this opportunity to j.v. with the big guys.. been reading your post and feel confident you may have straight foward answer--thanks --Dan

Have you joined a coalition in your area, or signed with a gas company? They are very heavy in my area (Afton, NY closer to Harpursville). We are so close to the Millenium Pipeline it only makes sense we are top on their list. A good friend of mine lives in Otego. Was wondering what is happening in that neck of the woods.