Yes the royalty checks are nice but the states valuation on the wells for the property tax are outrageousChesapeake was successful in getting there taxes lowered for 2013 and for the royalty owners…Continue
"Well between me and the neighbor on the adjoining tracks we have roughly 700 to 900 acres and at first were trying for a drilling commitment, so I guess now we might as well go for the money with gas prices so low--mu Marcellus lease expires here…"
"I think they are still taking some leases to fill in their boxes--but until they come up to the 20% royalty don`t think I will be interested--But I have an existing well pad,pond, close to processing plants and pipelines and also setting on the…"
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 ]