Flurry of new lease opportunities....

Several companies approaching us for leasing land in Marshall County.  I have not seen any new discussions on this website referring to any such activity.  Are there any active members with new information about leases?  I've heard that Chesapeake is back in the game.  Any truth or info would be appreciated.

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Permalink Reply by Melissa Chambers on July 16, 2014 at 8:39am

i had the feeling they were flippers....any thoughts?

Permalink Reply by jason irvine on July 17, 2014 at 3:54am
Melissa. It can be challenging to get info. Visit investor presentations other gas sites and GMs. You have to put your be hat on and look at production numbers. Get a map and start marking down the numbers and we they are drilling. This should help you pinpoint the active areas and their results. Good luck
Permalink Reply by jason irvine on July 17, 2014 at 3:55am
Put your bs hat on. Sorry. Stupid spell check
Permalink Reply by Melissa Chambers on July 17, 2014 at 10:33am

thanks....i can wear the hat...LOL

Permalink Reply by Keith Mauck (Site Publisher) on July 16, 2014 at 2:22am
Permalink Reply by rmc on July 16, 2014 at 2:29am
Melissa be very careful do not get caught up in the bonus amount shall we say the devil is in the details. Be very very careful in what you sign.
Also if at all possible sign only the depths they are interested in.
Don't sell the entire farm for the price of one cow.
Permalink Reply by DONNA M SELLERS on July 16, 2014 at 3:11am

Do you think all this info. and going ons in Marshall county will include Wetzel county, Littleton area?

Permalink Reply by Melissa Chambers on July 16, 2014 at 4:02am

i felt like Wetzel was active before Marshall....have a parcel there and leased a few years ago.

Permalink Reply by Melissa Chambers on July 16, 2014 at 4:01am

thanks rmc.....

being very cautious and only dipping my toe in the water at this point.  really wanting to get more info on what is going on in Marshall.  My feeling is that there is not really activity there at the point in time.  Possibly a few flippers interested now trying to predict the future.  

again, please keep me on your update list.  

thx

Permalink Reply by DONNA M SELLERS on July 16, 2014 at 4:17am

I leased to Statoil over a year ago and landman keeps telling me maybe next year. A nd I got ripped off..So read everything you can....

Permalink Reply by Melissa Chambers on July 16, 2014 at 6:13am

I know there are unscrupulous landmen out there and I'm sure they play havoc on the innocent.  It is seriously unfortunate that this has been happening with this recent boom.  I recently came off a five year lease with Chesapeake and luckily it was a solid lease; 5 year no renewal, no storage.  Had an attorney check it out for me and I was good to go.  It wasn't the best time for leasing, but I didn't expect to win the lottery.  Hopefully, I can get another lease without going through any shenanigans.

Permalink Reply by PETE on July 17, 2014 at 12:01am

fossil creek did lease the Krishna`s place early in the year but they would not come up from the 18% royalty numbers and 3000 an acre was all they were offering

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