I have been a Landman for several producers, with my primary focus being Belmont, Monroe and Guernsey Counties. Now I am working as a mineral buyer. I am honest, fair and I could possibly help provide information for many situations. I am currently working on a questions and answers blog site which can be found under the blog section of this site under the name of 'mineral sales". Feel free to check it out and post comments or questions there as well.
Offered 7000.00 a acre for fifty acres in Monroe. One shallow well on site. Land is leased. I think this is a bone being thrown to see if we will bite. But we are inexperianced.Reading others it seems kind of low but I am confused. Anyone who could shed a little light on this would be great. Screwed up with the original lease due to being naive trying to not do it twice. Thinking of getting a lawyer involved to watch out for us but not sure of that either..
I would love more information on this process as we are confident we've not properly educated ourselves during this process. I know we've left money on the table both in signing our initial lease, and then later on in selling a portion of our property to the local coal company.
We now own about 23 acres of land in Washington, Twp in Belmont County, Ohio. We signed a lease that has since been assigned to Gulfport energy. Currently leased till 12/2015 @ 15.5% royalty.
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 ]