Congratulations on the good fortune!
My family also received a lease extension payment from Rice Energy right before the holiday. It was nice to have the S/G lease still active and not have to negotiate a new O/G lease. …"
I believe the Rice Energy "Renewal" letters are just a formality as required by the original lease. We also received a letter, but I believe Rice is simply keeping the option to renew open with no guarantee that…"
I agree with you on the position Smith-Goshen has taken in promoting the open dialog between the O/G companies and the coal operators, while also involving the state of Ohio. The coal mining is an issue not only for the well pad locations but…"
The offer I referenced was in Columbiana county and the term was 5 years paid up front @ $2000.00 per acre or $400.00 per year.
The last offer we received was $400.00 per acre paid up front for a 5 year lease, or $85.00/acre per year."
"Richard, I agree with you on the thought, but have been watching the lowball offers roll in over the last few years and just trying to get educated. We made some adjustments to a lease offer 5 years ago when EOG resurces was signing up all the…"
"I contacted Kenyon Energy last week and was told that they had been contracted by Chesapeake as leasing agents. My property is in Belmont county and I am waiting for the area agent to call back to review what they might offer. I have received many…"
I wanted to officially welcome you to the site! GoMarcellusShale.com isn't just a website - it's a network with tools that allow us to fully share our experiences in the Marcellus. Please be sure to fully check the site out. Be sure to note the following:
1. County Groups - Here you can connect with others in your neck of the woods.
2. Discussion Forum - Here you can take part in general discussions on the play.
3. Photos - Get a feel for the play with member generated photos and upload your own.
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 ]