Replies to This Discussion

Permalink Reply by Michael Lawrence on October 9, 2011 at 12:06pm

avalanche called me to sell me your leases...  we havent decided if your area is worth drilling yet..

Permalink Reply by Sean Hagerty on October 9, 2011 at 9:52pm

 Michael ,could you tell me what company you are with ?

Permalink Reply by Bill anders on October 19, 2011 at 6:21am

I am sure that decision is up to you...you check w/ your geology dept. as much as you post on gomarcellusshale.com?  

Permalink Reply by Rich Koehler on October 20, 2011 at 3:05am

Marcus, I don't know why you think getting fair value for what lies on, in, or beneath land that is legally yours amounts to "entitlement". The landmen are trying to buy something they know is quite valuable for what is sometimes a ridiculous price. The leaseholders are intent on pushing the limits of legality in claiming ownership to rights under leases that have expired long ago under their own terms. I am trying to remove a lease from 1921 which is supposed to have lasted only until "oil AND gas" are not found in paying quantities. There was never any oil found in 90 years, and nothing at for the past 6, but they keep selling the lease among themselves, making money, and we who have owned the land for the last 30 years see nothing. Entitlement?? Sorry, but your accusation just doesn't sit well with me.

Permalink Reply by mbc on October 24, 2011 at 9:02am

Avalanche Energy has posted 6,700 acres worth of leases for sell that they recently acquired in Wayne, Summit, Medina and Holmes counties.

http://www.plsx.com/?specificpage=packages/package_entry.php&pa...

 

Permalink Reply by C Stutzman on October 26, 2011 at 12:41am

An other reason you dont want to lease with Avalanche, if you go to the web site where they r selling those acres it says, "5 yr lease with five yr option after that, plus after expiring they have the first right to release 3 yrs after that". Do the math, 13 yrs.

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