Congratulations on the good fortune!
My family also received a lease extension payment from Rice Energy right before the holiday. It was nice to have the S/G lease still active and not have to negotiate a new O/G lease. …"
I believe the Rice Energy "Renewal" letters are just a formality as required by the original lease. We also received a letter, but I believe Rice is simply keeping the option to renew open with no guarantee that…"
Hi BrianH - my family also leased our land in 2012 - across the state line in PA - I am encouraged to hear that your lease is going to renew for another 5 year term. How close to the renewal date did you hear something from them? 30 days? or more? or less? Thanks! - Dan
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]