Replies to This Discussion

Permalink Reply by bo boboski on March 3, 2015 at 11:45am

McClendon/AEU, is wanting to sell 29,000 acres on it's western side of Utica acreage in Guernsey/Noble Counties. Does anyone haver a map of where this acreage is?

Permalink Reply by bo boboski on March 3, 2015 at 10:45pm

After further review , It's 18,000 acres in Guernsey/Noble western side of Utica acreage. 11,000 acres in Carroll/Columbiana/Jefferson.. I 'd say it's everything west of Old Washington to Macksburg,but just guessing.

Permalink Reply by countrygirl on March 4, 2015 at 9:20am

bo where did you read this at.....we have property in Winterset, waiting on a payment on the Amendment with the pulling clause....I wonder if we are the acreage they are trying to sell...

Permalink Reply by bo boboski on March 4, 2015 at 11:17am

Columbus Business First.

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Permalink Reply by lance on March 4, 2015 at 11:49am

  Hi Bo, Do you think Aubrey is trying to flip some acres for a quick profit? I was paid a 5000.00 an acre signing bonus for my 22 acres in 2012. Then Shell flipped it to Aubrey. What is it worth now with the lower oil prices. Or does it make a difference to the big boys? Our 5 year lease expires 10/2016 I am on the western edge 1/4 mile east of Old Washington on Fairground rd. Is there a map we could look at.?

Permalink Reply by bo boboski on March 4, 2015 at 10:59pm

Lance, your property is close to where AEU has drilled, has 2 pads ready to go and are happy with the results. Don't think you're in that 18,000 acres they have for sale. Don't know why the sale, but maybe the State of Ohio not wanting to lease Salt Fork or interstate acreage along I-77/I-70 may make it a pain in the ass to drill anywhere close to that acreage..It cost $10,000 for each Forcepool application, not to mention it takes many months to get appovals.  Maybe it's the price of oil and  there's more oil and less gas there ? I've been looking for more info,hopefully a map,because my little piece of earth may in in there too!  I'll be sure to post it .

Permalink Reply by lance on March 5, 2015 at 2:53am

Mornin Bo, my property borders I-70on the north side.... Hope they put it a unit or at least pay me another lease bonus when it expires 

Permalink Reply by mike james on March 5, 2015 at 5:15am

I as well am on the north side of 70 and east side of 77 (Cambridge) it seems this area is going to be passed bye.No one  wants anything to do with this area when I called Gulfport about a year ago or so I was told by the guy that was doing the leasing  that the guy before him had made several mistakes and they were not ever interested in the area to begin with and wanted nothing to do with it! Im still waiting to be singed but it just seems it is not going to be in the cards. Hopefully I am wrong maybe some one knows some thing I don't. I just don't understand how Cambridge area is being skipped over?

Permalink Reply by bo boboski on March 13, 2015 at 2:00pm

I heard the landowners in the Fritz unit are receiving their 1st royalty checks. The amount is not what they were expecting,but oil was over $100.bbl. now under $50.

Permalink Reply by evan on March 13, 2015 at 2:03pm

Yes I recieved my first check on Monday , I didn't get my hopes up to high so I wasn't disappointed. It was for nov- dec prices were fairly low at that time also. I think 60 for oil , 3.28 for gas.

Permalink Reply by jonathan M. on March 13, 2015 at 5:12pm

Evan,

What was the per acre amount you were paid?

Permalink Reply by evan on March 14, 2015 at 5:58am

Close to 800 an acre Jonathan

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