"You're correct. The ODNR map is wrong. Page 67 of the permit for 210H has a drawing. The drilling unit for 10H and 210H is the same. They've requested temporary minimum spacing to enable recovery of reserves…"
"Good News! It appears they've come to an agreement. Check out US Land Records. DPS filed a Memorandum of Oil and Gas Lease for Chesapeake on November 1, 2018. It was signed October 31, 2018. Rumley Township…"
"Unfortunate situation. I don't understand why Chesapeake would even start the mandatory pooling process if they intended to walk since they've already invested significantly in this unit. If they do walk, will Chesapeake also…"
"Clarification....we're leased so it's not our property. However, we did inquire about the mandatory pooling process from an informational perspective when we were negotiating. Hopefully the landowner and the company will come…"
"We've been contacted as well. 12 acres...Rumley Twp. Our original lease lapsed in Oct 2016...Chesapeake did not renew. Our lease offer is $1500/acre signing bonus, 15% royalties, 2 year term with option to renew another…"
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 ]