Hi Members, I had a suprise visit from a land agent today looking to lease my property. Has anyone heard of Elexco Ltd, and if so could u please pass on some information to me regarding the reputation of this company.
Thank u, Chris
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not yet, what area are you in, what was the numbers he gave you, ($).
I'm in Allegheny Twp in Northern Butler County. He offered 3000 acre and 15% royalty
I do not know anything about Elexco, but I heard of them via a podcast from a court case a few years back.
Bottom line talk to your neighbors and get a good attorney to guide you through the leasing process.
This site can be a very good source of info from what I've found.
http://law.psu.edu/_file/aglaw/Natural_Gas/Kilmer_v_Elexco_Land_Ser...
They are a land services company providing 3rd party representation for someone, in that area it is most likely Chevron or EdgeMarc.
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