Replies to This Discussion

Permalink Reply by Rose Moore on November 14, 2012 at 12:33pm

So apparently the above link doesn't work...but if you go to the Monroe county site you should be able to read about it.  I read the post and Hess is offering 5200 per acre for the first 3 years then 5200 to extend the lease 2 more years 20% gross royalty....and they aren't leasing the marcellus, so that assumingly means a landowner could also lease the marcellus too in a different lease.  Wow! Apparently it's being offered to all Monroe county landowners that are eligible.  It's encouraging to watch lease prices climb.

Permalink Reply by LostInTheShuffle on November 15, 2012 at 9:32am

I don't think that was a real Hess lease.  Hess is based in Houston, and that one had a Colorado address.  

Permalink Reply by James McDowell on November 15, 2012 at 1:40pm

Looks like they pulled everything off this site about that lease. Sounds like a lawsuit to me.

Permalink Reply by Dee A on November 15, 2012 at 2:00pm

I suspected that wasn't going to pan out well. No reason for them to go so high. I also didn't think every landowner was going to get that deal, they would just have their pick of which they would lease.

Maybe a way of drawing people out and finding out what was still available there without having to spend any real time or effort researching? I bet they got a lot of leads from that one posting.

Curious.

Permalink Reply by Rose Moore on November 16, 2012 at 12:14am

Too bad from what I'm reading this turned out to be false.  Just goes to show you really have to be careful, who you put your trust in.  When money like this is involved there are bound to be shysters out there.