Rice Energy Is For Real

I'm not sure why I am posting a discussion. I have never started a thread on any forum, ever. I live in Belmont County, and have many friends here. This post is for my friends in Belmont County.

For those GMS members who thrive on controversy, do not engage me. I will ignore you.

The Rice Energy folks are drillers. I doubt that they have $400 million in the bank. There are people out there who have money, but don't know how to drill. It's called a business relationship.

I have no dog in this fight. I don't live in Western Belmont County, and won't make any money on Rice Energy leases.

I am however, a mining engineer. I worked in underground mines from Beallsville to Hopedale.

Rice Energy had the guts to lease over Murray Energy reserves. I give them credit for that.

I have no idea how it will all turn out, but hope for the best.

By the way, Rice Energy has recorded 983 leases in Belmont County in the last year. That's for real.

 

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Replies to This Discussion

Permalink Reply by rmc on April 20, 2013 at 12:33pm
I'd sure like to have a copy of that lease to read is there somewhere I can get a copy of it?
Permalink Reply by time will tell on April 20, 2013 at 3:35pm

rmc , call them if you have ground in Belmont or Monroe Co . They have a 

office in St.Clairesville on 40 .

Permalink Reply by time will tell on April 20, 2013 at 3:36pm

They may be looking at Monroe co . I hear .

Permalink Reply by rmc on April 21, 2013 at 9:31am
No I have property in Greene County PA that I may be interested in leaseing to Rice Energy sometime in the future . So I would like to see a copy of that lease to know what terms Rice has agreed to in the past.
Permalink Reply by rmc on April 22, 2013 at 3:05pm
Hello Carp no I wasn't asked by Rice what I wanted in a lease but almost all of these companies will negotiate with you to some degree on terms you want in a lease.
I'am sure Rice is very busy with this deal in Ohio considering it consist of several thousand acres.
Permalink Reply by time will tell on April 20, 2013 at 3:37pm

Graham , have you spoke to them yet ?

Permalink Reply by John OBrien, landowner advocate on April 21, 2013 at 12:15am

Bob Murray is one of the greediest men on planet earth.  If he can stop this, he will.

His actions in his mines out west and in WV when men were trapped underground proves this.

He knew of unsafe conditions at his mines, but profit was paramount in his conduct.

Permalink Reply by ryan brooks on April 21, 2013 at 4:10pm

I agree most companies will not lease above Murray Energy operations.  There is a significant amount of property available for lease in Wayne Twp in Belmont Co. that connects to property in Sunsbury Twp in Monroe that has not been leased but has had many offers but shy away.  I believe it is due to the fact that AEC was recently mining this area. 

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