"What area? They were still leasing in Butler county PA last year."
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james's Discussions
I think the gas/oil companies are taking a gamble now.
Started this discussion. Last reply by Bullfrex Nov 16, 2018. 3 Replies 0 Promotions
They are still only leasing certain areas to finish units, still very minimal competition, this could cost them a lot more money by working this way? With Natural Gas starting to break out this may…Continue
Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93
Started this discussion. Last reply by Elnathan Cory Nov 19, 2018. 19 Replies 0 Promotions
It’s almost $2 in past month. Continue
Natural Gas trading at $4.05, how high will it go?
Started this discussion. Last reply by Albert Russell Nov 13, 2018. 1 Reply 0 Promotions
its up another 7% today.Continue
Natural Gas up another 5% today, trading at $3.71, hit $3.81 for high.
Started this discussion. Last reply by Old Timer Nov 13, 2018. 7 Replies 0 Promotions
Dont give your rights away, bonuses should rise with gas prices and demand.Continue
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james replied to Sarah Violet's discussion 'Thinking of sellig my Mineral Rights'"Let me know if you have any luck getting offers for your rights, I talked to both BOP and Edgemarc and I’m not sure if I would rather lease for $2000 or sell the rights for $4000-$5000? My 79 acres is also in Butler county. Thanks."
james replied to Sarah Violet's discussion 'Thinking of sellig my Mineral Rights'"This is in Butler County where they were leasing."
james replied to Sarah Violet's discussion 'Thinking of sellig my Mineral Rights'"BOP Land Services was leasing for Edgemarc Enegry recently for $2000 and 14%-15% royalties. I’m not sure if you should double this amount since most of the leases are 5 + 5 year leases at $2000 each 5 year term or if the rights are worth more…"
james replied to EV's discussion 'Lease Question'"Yeah at this point might be better to hold off for better terms. Edgemarc isn’t that great."
Elnathan Cory replied to james's discussion 'Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93'"$4.73 11/19/2018 12:35pm"
Albert Russell replied to james's discussion 'Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93'"Pricing jumped to 4.70 tonight "
william Allen. Ladd replied to james's discussion 'Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93'"Hey Old Timer, Let's be a little more positive about this! I do not especially like cold weather but since I am in a producing unit.…...Well ????? I am not going knock it
Granddad Ladd"
Bullfrex replied to james's discussion 'I think the gas/oil companies are taking a gamble now.'"I hope you're right and I am wrong....but I am not optimistic."
james replied to David Good's discussion 'BOP Land Services / EdgeMarc energy' in the group Butler County, PA"Has anyone recently talked to Edgemarc or BOP? I haven’t talked to them in about 6 weeks, last offer I heard was $2000 and 15%? Anyone know what the current offer is? Thanks."
james replied to james's discussion 'I think the gas/oil companies are taking a gamble now.'"Some areas are going to be tough for another company to enter, but there are several townships and counties where Gas/Oil companies showed interest, did all the legwork, all the seismic testing, and then leased and then walked away a few years later…"
Bullfrex replied to james's discussion 'I think the gas/oil companies are taking a gamble now.'"James,
I suspect it would depend on how the local E&P has their leaseholds set up. Leaving unleased acreage here and there is strategic on their part.
They tie up enough acreage to make it implausible for a new Operator to enter the theater,…"
james posted a discussionI think the gas/oil companies are taking a gamble now.
They are still only leasing certain areas to finish units, still very minimal competition, this could cost them a lot more money by working this way? With Natural Gas starting to break out this may lead to other companies coming in and trying to take a position with new leases and acreage forcing the other players to pay a lot more for land to drill on. The cards have been all aces for the Gas/oil companies the past 5 years but they be getting ready to be dealt a losing hand if they aren’t…See More
james replied to james's discussion 'Wow! Natural Gas up to $4.63, up 13% today, hit high of $4.93'"It’s starting to climb back, trading at $4.30 right now. It jumped a little to fast the past week or so, a 5% jump is much more sustainable then a 18% jump."
Profile Information
- Introduce Yourself
- I went to one group meeting and didnt have any luck.
- What is your role?
- N/A
- Which state(s) are you following?
- Pennsylvania
- What shale plays do you follow?
- All Shale Plays
Comment Wall (3 comments)
- At 3:44pm on August 14, 2013, WTF said…
James, Both Chevron and Hilcorp are active in Mercer County. Chevron has completed two wells and are starting on two more wells. Hillcorp has drilled at least one well and has permits to drill two more wells. It is anyone's guess which company will drill on your land. The company that has the most leases with neighboring properties is probably the best bet.
- At 6:16pm on July 19, 2012, theo and vincent said…
- Rich olivito
- At 6:15pm on July 19, 2012, theo and vincent said…
- I am an honest broker who is willing to try to help u find a e&p company give me a chance to help strsight up talk u seem very aware which is only going to help u my name is 740 381 5935 n pittsburgh
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william Allen. Ladd replied to Theresa Kolk's discussion 'What's going on in your area?? any info???' in the group Tioga County, PAEvents
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