Replies to This Discussion

Permalink Reply by nitr01 on May 2, 2014 at 5:44am

Forgot to add that after all my questions and his insistance that it was a good offer and lease (crap) that he told us we only had a week to decide. 

Permalink Reply by LewPa on May 2, 2014 at 6:06am

nitr01

Tell him to get lost!! When Rex is ready to sign you they will probably use Western Land Services to talk to you. There is never a hurry or deadline for you to sign a legit offer. Always go to a lawyer at the end before you sigh anything. A few months back Rex was offering 16% and $3200.00 in your area. Amy Molloy at SR Law 724-794-2929 in Slippery Rock is a sharp lawyer dealing in OG leases. LewPa 

Permalink Reply by Philip Thackray on May 2, 2014 at 6:45am

nitr01,

See here:http://gomarcellusshale.com/forum/topics/now-in-clay-twp 

I agree with LewPA. 

You should always check with Rex to determine if the person/company you are talking to is actually representing Rex.

Phil

Permalink Reply by randall gottus on May 2, 2014 at 5:50pm

...just read that Rex has signed a 20 year agreement with Dominion to use their pipe lines to transport gas to the mid west and the Gulf coast from various places in (mid&northern) Butler county. This may be the kind of news that we have been all waiting for. This might be why Rex has been trying to get Shell's leases, and also why Shell might re think Butler county.(although Shell is having massive structural problems)  And yes, as stated above, they want the Utica.