Theodore Koncsol
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History of our gas lease

Posted on October 26, 2009 at 1:40pm 4 Comments

Our camp has almost always had a lease on it for gas/oil of some sort. We used this for a little extra income. Most of these were in the $5 acre range. We just looked at it as if nothing would happen.



Then a lease expired and suddenly the terms got more favorable for us. Not great but better. this was a $20 acre year 1 then $5 for the remaining 4 years.



Then the boom hit midway or sooner. We got a one time option for $300 or so acre. Which is where we are… Continue

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At 3:25pm on January 23, 2010, Theodore Koncsol said…
They are just getting ready to do seismic testing on our property. It should be completed by April.
At 4:40pm on January 21, 2010, Susan Yungwirth said…
My friend, we are neighbors... I live just off west hill... please contact me.... detweiller well is active and producing..... they are drilling the 3rd hole, and will prob. frac in the next few weeks.... seneca is the company that is doing the drilling and boy are they busy... not only detweillers but pino and weivells wells are fraced and I believe one of those wells are producing
At 3:19pm on October 27, 2009, Keith Mauck (Site Publisher) gave Theodore Koncsol a gift
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Great blog entry. Enjoyed it!
At 1:53pm on September 23, 2009, Keith Mauck (Site Publisher) said…
Welcome to GoMarcellusShale.com (GMS). I hope this is a website where you can learn something and contribute your thoughts and experience regarding Marcellus Shale.

Keith
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