Tusc. county leases

Anyone here know of any leases being secured in Tusc. County?

I have property there and I'm obviously interesed in hearing about any leases being secured there.

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Replies to This Discussion

Permalink Reply by Belmont Terrier on November 3, 2010 at 2:29am
Richard,

The offer I referenced was in Columbiana county and the term was 5 years paid up front @ $2000.00 per acre or $400.00 per year.

The last offer we received was $400.00 per acre paid up front for a 5 year lease, or $85.00/acre per year.
Permalink Reply by Finnbear on May 12, 2011 at 2:30am

Vince,

Where is the horizontal well you mentioned? I'm also in Washington Twp (Belmont) and would like to know more.

Finnbear

Permalink Reply by David Mohn on November 3, 2010 at 3:05am
I know in Columbiana the offers seem to be higher. I live in Stark County and they are just starting to buy up leases. Anyone heard what they are offering in Stark. I was offered 1500 for a 10 year paid up lease and 15%. 1000 for a 5 year paid up and 1000 again in lease is renewed.
Permalink Reply by Richard Clark on November 3, 2010 at 3:24pm
Vince, What township are you in? Do you have an email address I can send you something?
Permalink Reply by Belmont Terrier on November 4, 2010 at 1:32am
Richard,

I am in Washington township, Belmont county. e-mail would be vince@semcocarbon.com
Permalink Reply by Richard Clark on November 8, 2010 at 6:00pm
Vince, I sent you an email and it came back. Send a test to rec65@bellsouth.net please.
Permalink Reply by Finnbear on May 11, 2011 at 4:23am

I spoke with Jeff Bailey today from the non-profit group ALOV that was so successful in April with their 60,000 acre lease of land in Columbiana, Carroll, Jefferson , Mahoning ,Stark, Tuscarawas,and Harrison Counties that was signed with Chesapeake. This was a $2250/acre, 17.5% Gross Proceeds royalty that was very landowner friendly. They are gathering landowner names/contact info to start a Belmont county group. This might be a good chance for us in Belmont to get a lease written for the benefit of us landowners and not the oil companies or middlemen. Their website is below.

http://alov.us/home.html

If you are interested, please send me a message here http://gomarcellusshale.com/profile/Finnbear 

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