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Need help on lease terms

Started this discussion. Last reply by james Apr 15, 2014. 7 Replies

We have property off of 258 in Mercer and have an offer on the table from Hilcorp for 3,000 an acre and 17 %. Any advice from those following the current leases in Mercer?Thank You CbrianContinue

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Concerned Citizen
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Pennsylvania
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Utica

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At 12:40pm on April 10, 2014, Keith said…

Brian,

I've got 74 acres over on Pew Road in Delaware Twp. between the Jefferson McGee and McCullough pads. 

 

I used Ron McCall out of Ekker, Kuster, McCall & Epstein 724 981 2000.

 

I've been trying to get Hilcorp to agree to a total surface exclusion but no luck so far.

 

My neighbors got $3250 about a year ago.  Hilcorp was later trying to low-ball me so your off is probably not to far off.  I can send you the addendem list I had McCall make up if you would send me your email.  I'd also like to know who you've been working with at Hilcorp.

Thanks

 

Keith

 
 
 

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