Cambridge leasing

Just wondering why a lot of people have leased in Cambridge A year or so ago and now no one wants to lease their. Detweilers well is only a couple miles east of Cambridge and is doing great. Their buying in old Washington that is a couple miles away kimbolton is being leased below Cambridge being leased what is the deal is it to close to town? Any opinions would be great. also AEP bought shell and most people in Cambridge singed with shell?

Views: 717

▶ Reply to This

Replies to This Discussion

Permalink Reply by Shon Lenzo on March 17, 2014 at 5:18am

where is the pipeline?

That may have something to do with it.

Although, I suspect they are still figuring out how to work the volatile oil section of the Utica.

My opinion: this area is very good.

Permalink Reply by Donna M. Thompson on March 18, 2014 at 4:01am

Guess I am wondering the same thing.  If anyone has answers I would surely like to hear them.  My lease with Shell was cancelled a long time ago yet American Energey Partners purchased all the leases around me.  Just a few of us were left out.  Thanks 

Permalink Reply by wandering juju on October 12, 2014 at 10:28am

how about an update on the detweiler well..   according to court records  bounty is the present owner and a 12.5% royalty has decreased in payout by more than 75% in a 6 month period..  Wells good.. ??  ok..

I would think bounty wishes they had the money back    cause I heard they are not buying anymore..  must be out of funds.. in my opinion..

RSS

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

Badges  |  Report an Issue  |  Terms of Service