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Started this discussion. Last reply by Barbara Beverly Nov 14, 2011. 2 Replies 0 Likes
Landowners Alert: Hello All...... Now that your property is leased, or in the leasing process, be cautious........... THE VULTURES ARE ZEROING IN YOUR MIneral Rights and/ or Royalty purchase per…Continue
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Lot of meetings believe 4-5 players numbers right now 2500 to 3500 16-20% could sign a $3K w/16-17% net right now. Do you any more on the Green Twps contract.
John
I have no idea as to the location and I thought the Utica was much deeper than 8450 feet. This should be interesting especially if David Hill finds the same.
A geologist at ODNR told me a 200 foot seam is very significant.
Jery Allen
I"ll have to talk generalities here, but there are some good things that area offers:
-reasonably thick shale section
-proximity to pipeline infrastructure
-positive results and a lot of activity in WV across the river
-thermal maturity of the shale that should provide some liquids along with the gas production
My opinion is you are in a desireable area that should see an increase in interest for leasing and drilling. How quickly that might happen, I'm not as sure. A lot of it would be based on what's been leased around you, or what type of block a company could asseble to start a pilot project. Feel free to e-mail me if you like: highrate@comcast.net
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