Replies to This Discussion

Permalink Reply by buggs on February 6, 2015 at 8:01am

Center Township. Off Brown Road to the right if traveling north.

Permalink Reply by Robert Allingham on February 6, 2015 at 11:58am

Thanks buddy, appreciate the help.

Permalink Reply by buggs on February 7, 2015 at 2:57pm

Not a problem, glad I could help.

Permalink Reply by Geo5 on February 7, 2015 at 5:58am

Where is brown road at? Is it off 308?

Permalink Reply by Robert Allingham on February 7, 2015 at 12:05pm

If you were going north on 308 past Renick pad (x-mas tree farm), past Byers road on left, follow 308 north and make a left on Mahood road(near where old railroad tracks used to be). Follow Mahood road to route 8 where Unionville firehall is off on the left. Cross route 8 traveling west on Unionville road and Brown road will be on your left. Since you will be traveling south on Brown road, the gray pad will be off on the left somewhere. This is the long way to get there but it was the easiest way to explain where Brown road is located. Hope this helped. Bob A.

Permalink Reply by Geo5 on February 7, 2015 at 3:28pm

Thank you Robert

Permalink Reply by Jon on April 2, 2015 at 1:27pm

I thought that I saw something on gms that rex some of it's land to edgemarc, but I can't find the post now. Is that true? Has it been recorded yet?

Permalink Reply by Geo5 on April 2, 2015 at 2:04pm

Yes, they have been recorded in the Butler County Recorder of Deeds.  If you go to the recorder of deeds website, click on  access deeds, and choose instrument search, and enter these two numbers, one at a time. I believe the first one is the leases Rex gave to edgemarc. 

201503310006521

201503260006222

One of the instrument numbers is the leases rex gave to edgemarc, and vise versa

BTW, Rex Recorded the DECLARATIONs for the Renick Units today.

Permalink Reply by Jon on April 2, 2015 at 2:22pm

thanks. my property is right on the edge of the moraine east area and it wasn't sold. I wonder what that means.

Permalink Reply by Geo5 on April 2, 2015 at 2:36pm

Jon, which edge of the moraine east area are you on? Im in Washington Twp. and according to the Rex website, they have no plans to drill it in their 3 year plan.  So, i guess im hoping they pay the 5 year option to extend, but only time will tell if they will. Btw, im still with Rex, and the lease expires late next year. 

Permalink Reply by Jon on April 2, 2015 at 2:47pm

I'm in Cherry Twp. I'm thinking that they'll let the lease expire. Someone might try to lease again for different terms, but the bonus money has to be better than the amount that bclg got for a renewal from shell. I'm sure the price of oil and gas will be back up in another year.

Permalink Reply by DMS on April 6, 2015 at 1:04am

Jon,  I'm not sure what you find bad about the terms in the BCLG for a lease renewal??  The renewal is for the exact amount of the initial lease ($3250).  Unfortunately, if our leases are left to expire, we will be extremely lucky to see that much with a lease with a new company.  Plus, it is unlikely we would ever see the royalty rate we have now also!!  

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