Replies to This Discussion

Permalink Reply by Joseph-Ohio on May 24, 2012 at 1:44pm

Found on Web:

1) Black Ridge Oil & Gas who advertise work in Bakken & Three Forks; and the Williston Basin all in North Dakota.

Did not find anything on a BlackRidge at all.

What's their lease look like - landowner friendly ?

Any numbers - dollars per acre / for what term length ? 

Permalink Reply by Lou is on May 25, 2012 at 10:28am

We are in so. Ashtabula. They offered $4k/18%

Permalink Reply by Joseph-Ohio on May 25, 2012 at 11:49am

I'm guessing 5 years ?

Permalink Reply by Ed Ganelli on June 1, 2012 at 12:15pm

5 with a 5 year renewal option for a total of a 10 year primary term...

Permalink Reply by john p halloran on May 24, 2012 at 1:59pm

Blackridge, Where are you in ashtabula co ?

Permalink Reply by Alan Pavlik on May 25, 2012 at 1:18am

Blackridge first appeared in our area in  Mercer County last year.

While I do believe that they drill wells in Kentucky where they are located I dont think they operate utica wells.

Last year they came into Mercer County w/ Carrizio as their silent partner and purchased the deep rights from Cobra Resources. In they assignment i believe they received  an overriding royalty and a percentage of the deal $$.

If they are knocking on your door you may ask them point blank do they have a partner or are they trying to put acreage together and shop it around?

Permalink Reply by john p halloran on May 25, 2012 at 4:33am

My mistake, I should've said,Louis where are you in ashtabula co?

Permalink Reply by Ed Ganelli on May 25, 2012 at 4:37am

Black Ridge has been going door to door here for the past week.  I'm in very southern Ashtabula County -between Rt. 322 to the north and Rt. 87 to the south...Rt. 46 to the west and Rt. 193 to the east.  I DO know that they signed Yuhasz's grain operation on Rt. 46 a few days ago...

Permalink Reply by john p halloran on May 25, 2012 at 4:40am

I wonder what the terms were?

Permalink Reply by Joseph-Ohio on May 25, 2012 at 4:57am

That makes at least two (2) of us !

Permalink Reply by Joseph-Ohio on June 1, 2012 at 12:06pm

Saw a sample BlackRidge Lease.

Looks as good as ALOV's.

From what I've read, they seem  to be concentrating on only Southern Ashtabula County now; between 46 and 193 and South of 6.

I'd like to know / hear / read about how many acres they've signed  - wondering if they're concentrating on larger tracts totally open to lease or what ?

Go to blackridgeusa.com for a web page.

Also, it's BlackRidge not Black Ridge.

Permalink Reply by Ed Ganelli on June 1, 2012 at 12:17pm

Yep...I actually had a Black Ridge visit and lease given to me.  They're working with Beusa Energy (or something like that!)... 

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