Replies to This Discussion

Permalink Reply by Finnbear on February 16, 2013 at 3:39pm

Rice?

Permalink Reply by Finnbear on February 16, 2013 at 4:43pm

If they are half as good as they seemed when the Smith-Goshen group signed with them, Belmont County will be in the driver's seat for Utica development.

Permalink Reply by gmbh on February 17, 2013 at 3:22am

Or they can go to the Rice Leasing Office  in St. Clairsville at 252 West Main St.. Its fully staffed with Rice employees and has recently been expanded. It is my understanding that they have been flooded by Antero castoffs calling and are only accepting larger parcel of land if it fits into their drilling plans.

Permalink Reply by Finnbear on February 17, 2013 at 10:31am

My experience with Rice tells me that if your acreage is next to and can be combined with what they've already signed, they will be very interested in partnering with you. If your land makes their existing leases more able to be developed, they WANT to hear from you.

Permalink Reply by tillacat on April 2, 2013 at 3:05pm

How do you check this?  I can't figure out how to find other antero leases on landaccess without knowing the name or filing page / number.  I would like to know if the leases that were released are near my property

 

 

Permalink Reply by Belmontlandowner on April 3, 2013 at 2:02am

If you go to the Landaccess site and key Antero in the name field, it will show you the entire list of leases and releases that they have had recorded. You will have to open each item to see who is named in the lease/release.

Permalink Reply by tillacat on April 3, 2013 at 2:34am

Thank you.  Do you know if anyone in Goshen has gotten paid?

 

Permalink Reply by Belmontlandowner on April 3, 2013 at 5:03am

No. We're part of the Smith-Goshen group so I don't know much about Antero.

Permalink Reply by LewisClarku on February 16, 2013 at 12:48pm

Just curious...we're closing in on day 150 (February 19, 2013) and has anyone received an executed lease and a bonus check in the Flushing Twp area??? And if so how did it arrive...USPS or FedEx??? 

According to the wording in the lease Antero has up to 150 days to complete its title search.....  "In the event Lessor does not receive the balance of the Bonus, as may be adjusted based on Lessee's title review, on or before the Payment Date, then the Lease shall automatically become null and void. Promptly after any termination, expiration or voiding of this lease, Lessee shall provide Lessor with a copy of an appropriate release of the Memorandum of lease and Lessor shall cause the same to be filed of record."  I'm presuming that we're Tuesday Feb 19th that we're all free agents after that date....my other question is do we after wait for something official from Antero to in order to sign elsewhere??? It's terrible that our land is tied up for 7 months with nothing to show other than a $10 per acre "show of good faith".

Permalink Reply by gmbh on February 16, 2013 at 1:31pm

Once the O&G company files "The Release"  in the court house, you are free to sign with who you want. You can also sign with another company once the terms of the lease is up and they have not paid you, or once an older lease is about to expire  Its Called "TOP LEASING" some oil and gas companies will and some won't top lease. In either case, The top lease won't take effect till the old lease is released in the court.

Permalink Reply by gmbh on February 16, 2013 at 1:51pm

Also, if the O&G company drags its feet on given you a release once the lease has expired without payment, you MUST send them a written certified letter requesting to be released. Don't bother to call them, as they know a court will only recognize a signed receipt of the letter as prof of the request. This is what I had to do with Oxford Oil on an old lease.

Permalink Reply by LewisClarku on February 16, 2013 at 4:44pm

Thanks for the information...I'm getting an education.

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