Sumer Dawn
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Sumer Dawn's Discussions

120 Days to Pay: Ascent Resources Lease Belmont County

Started this discussion. Last reply by adam sorell May 14, 2018. 19 Replies

I have signed a lease with Ascent Resources for my property in Ohio.  The order of payment says 120 days to pay.  Does anyone know if they pay early or if they will take the whole 120 days?  Just…Continue

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Sumer Dawn replied to John's discussion 'Chesapeake renewal'
"I have acres in both Belmont and Harrison. I believe the township is Wheeling township.  "
Feb 19, 2016
Sumer Dawn updated their profile
Feb 19, 2016
Sumer Dawn replied to John's discussion 'Chesapeake renewal'
"I called the main office and they transferred me to a land man.  He told me that prices are to low at the current time and they would not be renewing leases set to expire.  I told him if that is the case I want a release to go with a…"
Feb 19, 2016
Sumer Dawn replied to John's discussion 'Chesapeake renewal'
"I was told that they are not planning to renew leases set to expire because of oil and gas prices.  It is not economically feasible at this time for them."
Feb 17, 2016

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Which state(s) are you following?
Ohio
What shale plays do you follow?
Marcellus, Utica

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