Anyone approached to lease the Utica in Greene?
Added by Mother on June 30, 2014 at 8:36pm — No Comments
I have 3.125 acres I signed a lease with Hess they sold it to AEP we are in belmont county Pease township, I would sell my minerals I think... With only 3 acres its not going to set me for life right? We could use $ now I had 2 offers they didn't intrigue me enough to sell... how much per acre should I expect? Any thoughts or contacts on selling my minerals let me know
Drillers like Ohio for more than just geological reasons. Ohio is ideally located to take advantage of development and commercial networks in both the Midwest and on a national scale. Ohio is within 600 miles of 60% of the US population and more than half of the Canadian population. It has considerable existing infrastructure and one of the most favorable tax/business climates in America. Ohio has zero tax on inventory or corporate income, no tax on investments for inventory or equipment, no…Continue
I have been following your online discussions and feel some work shops and seminars would really help the mineral owners understand our industry. Understand how the current gas price affects the drilling activity, what the producer has to have to drill a 2 - 10 million dollar well.
I teach oil & gas calculations but it isn't all about math. My work is designed for the entry level analyst, but royalty owners in this area need to be brought up to speed on leasing, negotiating,…Continue
Added by Sherry Robinson on June 9, 2014 at 8:30am — No Comments
On November 4, 2011, Chesapeake announced a joint venture agreement whereby they agreed to sell part of its holdings in the Utica Shale for $2.3 B. The announcement claimed that CHK would get $649 M from an undisclosed buyer in exchange for a 25% interest in 650,000 acres in Ohio's wet gas and volatile oil window. It's partner, Enervest, would receive $90 M in cash. Further, the buyer, now disclosed as France's TOTAL SA, agreed to pony up $1.5 B toward Chesapeake's drilling…
Added by John H on June 1, 2014 at 6:20pm — No Comments