5 yr. lease extension

Has anybody with a 5 yr. lease and an optional  5 yr. extension , gotten any more bonus money for the 5 yr. extension.  130 acres, Lycoming co. McIntyre twp. Pa.  Also, how can I found out who is in my 640 acre unit?  Thanks Bob

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Comment by Clinton44 on May 14, 2012 at 1:20pm

Hi Bob, Can't help you out with the more bonus money question other than saying what is written in the lease regarding the second five year term is more than likely all you will get.

As far as finding out who is in your unit you would have to check the declaration of pooled unit IF it has been filed in the courthouse in Williamsport. and that is a big IF, we are in two units in Lycoming, driller is Anadako one DPU has been filed for the wells that went into production in Feb of 2012 the other unit that the wells went into production in Nov. of 2011 still has not shown up for filing....

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