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Permalink Reply by searcherone on January 2, 2014 at 1:08pm

Sam,

Yes, one well with a Marcellus lateral and a Utica lateral permitted for section 9 of Perry Twp. Monroe Co.  lol it looks as if they are calling it JAWS--what a name.

Just today learned that another one is staked out in Benton Twp.  think it is in section 13 which would be north of some vertical Marcellus wells in sections 17 or 23.

Also a third well is planned by Edgemarc somewhere near the western edge of Monroe and the eastern edge of Washington.

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Permalink Reply by Ragnars Repo on November 2, 2013 at 8:38am

Was this a lease or an offer to purchase your rights?

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Permalink Reply by Ragnars Repo on November 4, 2013 at 9:58am

What area are you in and how much land do you have?

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Permalink Reply by Ragnars Repo on November 4, 2013 at 5:14pm

That is one of the higher offers I have seen for purchase of mineral rights, but I'm sure many on here would advise you not to sell them. What are lease offers like in your area? Are your neighbors leased with anyone? There are many things to consider and I'm sure there are many on this site with input on lease vs sale.

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Permalink Reply by Dee A on February 15, 2014 at 6:06am

It's Edge Marc Energy. They are leasing rights and are actual drillers. They leased my property and I'm very happy with the bonus and the terms of the lease. They paid promptly as well. You can Google them to find their website and a variety of articles. They say on their website that they are concentrating on Washington and Monroe counties in Ohio and one in PA and are still looking for more acreage to lease. They do have a well permitted in Washington county right now and plan for 170+ more in those areas by the end of 2017.  They are being backed financially by Goldman Sachs so serious cash and serious drillers. 

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Permalink Reply by mark a on August 5, 2014 at 12:43pm

moonraker

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Permalink Reply by mark a on August 6, 2014 at 12:00pm

love that name moonraker

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Permalink Reply by mark a on August 6, 2014 at 12:07pm

Too soon to tell but they sub everything out maybe that's the norm and from what I have read somewhere they sell the leases after drilled  a couple of years but don t quote me on that . A family member signed at 5000 per acre with a 20percent royalty pipe line not here will be calling them find out whats up .

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