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.

Views: 625

Replies to This Discussion

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.

Vince,

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

Finnbear

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.
Vince, What township are you in? Do you have an email address I can send you something?
Richard,

I am in Washington township, Belmont county. e-mail would be vince@semcocarbon.com
Vince, I sent you an email and it came back. Send a test to rec65@bellsouth.net please.

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 

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service