Antero Resources, one of the biggest Marcellus/Utica drillers (with major operations in West Virginia) released its fourth-quarter and full-year 2019 update yesterday, along with hosting a conference…Continue
To landowners/mineral owners in Greene Co, PA CNX will not resign or extend their leases. EQT is trying to offer $1000 an acre on a delay Rental lease. (CROOKED)I did find a company taking leases in the area at a $3XXX.XX or more an acre paid up.Blue Fossil Energy main number is 304.212.5160EQT plans to hold the lease and then pop a leg in the ground to hold the lease. Delay Rental lease is paid each year. If they drill in the second year and hold it, you will not get paid the rest of your…See More
Antero Resources, one of the biggest Marcellus/Utica drillers (with major operations in West Virginia) released its fourth-quarter and full-year 2019 update yesterday, along with hosting a conference call to discuss what investors can expect for 2020. There are loads of important details to share.Production was up 19% in 2019 over 2018. The company lost $482 million in 4Q19, compared to a $122 million loss in 4Q18. However, $463 million of the loss was an impairment charge (write-down) of…See More
"Jeff, Call the State tax dept in PA and ask if there is a small tax fee for not living in the State. There has been a few companies out there taking fees for royalties with mineral owners signed in a cost fee lease."
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 ]