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Airman's Discussions

Eclipse and unit size question

Started this discussion. Last reply by Jeffrey Beunier Jul 2, 2018. 15 Replies

We have been notified by Holland Services that Eclipse wants to increase the size of unit from 640 to 1280 acres. Will this have any negative output with a size increase ? They have sent an amendment…Continue

Update on Scare tactics or truth

Started this discussion. Last reply by 0i7okn54zwbdo Nov 7, 2013. 7 Replies

We found an attorney in Cambridge 2 weeks ago and he was in discussion with oxford/eclipse, who had been offering 12.5% gross and 1000.00 per acre per year. Was informed last week that that offer is…Continue

Scare tactics or fact? Is Eclipse right?

Started this discussion. Last reply by Gusher Mar 12, 2014. 65 Replies

Just received a second call from eclipse. The first call 2 months ago was to notify me that eclipse would be calling me with a new proposal on my existing lease with Oxford/Eclipse. Here is the…Continue

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Latest Activity

Airman replied to boop's discussion 'eclipse offering' in the group Monroe County, OH
"Boop, I dont understand how they could pay you less than what your contract says? This has me questioning my new offering from eclipse. Can you explain more? If you want to talk about it privately, if sent you a friend request. If you except it,, we…"
Feb 4
Airman joined Keith Mauck (Site Publisher)'s group
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Monroe County, OH

All things pertaining to leasing, drilling and production in Monroe County. + Add a Group Discussion See More
Feb 4
David Cain replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"Airman, The 15% royalty seems a little low to me.  Is that 15% with no deductions or market enhancement costs?  My lease is 17% with no deductions.  According to the ODNR's last production numbers roughly 5 of the top 10 wells in…"
Feb 2
David Cain and Airman are now friends
Feb 2
Airman updated their profile
Feb 2
Airman replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"I appreciate it david. My attorney is only charging hourly. Yes, last lease had a puck clause, 60 acres or better. Standard, I believe. New offering is same % as last at 15%. Not sure how  good attorney is,  Not real happy at this point.…"
Feb 2
David Cain replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"Michael, I am always hesitant to give advice because there is a lot at stake here and I am just a landowner trying to understand as much as I can about this whole process.  I would hate to steer anybody wrong.  With that being said 156…"
Feb 2
Airman replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"Thanks David.  The offer now is for 1 grand per acre, 15%. No signing bonus but a guarantee of payment 2nd year even if drilled. This would negate the bonus pmt. Lease up in march. 156 acres. The past 10 year lease (oxford oil) with amendment…"
Feb 1
David Cain replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"Michael, My experience is not current, but in the spring of 2017 we signed with Eclipse on a 5 year primary/5year secondary term lease with $2,500 upon verification of mineral rights and another $2,500 at the end of the first year (so a total of…"
Feb 1
Airman replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"Thanks for the insight Bo  We have an attorney, and he's the go between. Not sure how good he is at this point, but, he does what we tell him. I just worry about how hard we should push. Seems to me, if they are so adamant about signing so…"
Jan 31
bo boboski replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"I don't know anyone in your same situation,but I"m sure there is. Hopefully,they"ll read this and post. You have enough acres in that future unit to hold out for a  better deal. maybe letting your current lease expire would give…"
Jan 30
Airman replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"Thanks Bo, yes they are saying we will be in a unit this year, and I believe it. Our contract is over march 19, and in lieu of a bonus payment, they are offering an additional guaranteed year of delay rental, drilled or not. That in effect negates…"
Jan 30
bo boboski replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"Eclipse is going thru a merger with Blue Ridge, That deal is suppose to be completed later this 1st qtr. they will be changing their name to Montage Resources. This may be why there is no $ to shell out. I'd hold out a few months to see what…"
Jan 30
Airman promoted boop's discussion eclipse offering
Jan 29
Airman replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"All around us, millwood township"
Jan 29
Robert Bond replied to Airman's discussion 'Signing bonuses???' in the group Guernsey County, OH
"What part of and which township in Guernsey County?  Is there any drilling nearby?"
Jan 29

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Website:
http://airmanmikey68@gmail.com
Which state(s) are you following?
West Virginia, Ohio, Oklahoma, Kansas
What shale plays do you follow?
Marcellus, Utica

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Forgotten Men and Women of Canadian Energy Industry Protest

Posted by Thomas J Shepstone on January 4, 2019 at 10:37am 0 Comments

The forgotten men and women of the Canadian energy industry are mad as hell and not taking it anymore. They’re protesting in their trucks and it’s spreading.

Whenever I go to New York City, which is as seldom as…

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