Is anyone in the group knowledgeable about current events, particularly near Overbrook Road? What type of unitization is in process for what well?
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Permalink Reply by Bill on March 1, 2015 at 11:25am I agree, Matthew, and there was also this on Seeking Alpha this morning:
http://seekingalpha.com/article/2958576-markwest-energy-partners-is...
You may have to go to Seeking Alpha and register, but it's free and has some good information about investing.
Thanks for keeping us all informed!
Bill
Permalink Reply by RB on March 22, 2015 at 2:48pm Has there been any new activity in Middlesex of late?
Permalink Reply by Philip Thackray on March 23, 2015 at 1:40am RB,
The only permit activity shown at the PA DEP site going back two years is Ferree and Geyer, both Rex.
Phil
Permalink Reply by RB on March 30, 2015 at 1:10pm Thanks Phil.
If anyone hears any news, please post.
Permalink Reply by RB on May 28, 2015 at 5:17am I'm sure the appeal process will start shortly. Like the zoning hearing chairman mentioned 80% of the township has gas leases. I would say that's a majority.
Permalink Reply by Vicki on May 28, 2015 at 5:39am "Born added that 80 percent of township residents have gas leases."
During the hearing...was it not 80% of the land in the township is leased? There is definitely a difference between the two statements. Curious which statement is accurate so that the public is not misinformed thinking a higher number of residents have leased when that might not be the case.
Good question Vicki.
Here is a news report on the meeting last night.
http://m.wpxi.com/videos/news/natural-gas-drilling-again-allowed-in...
Permalink Reply by FairMktValue on May 28, 2015 at 10:32am Vicki,
I would say 80% of the land is the more correct statement.
Off the top of my head I believe the Middlesex has approx 5,500 residents in 2,100 households. Not that many apartments and rental property's and I am not sure that households translates directly into landowners but I suspect that if you count everyone in a household (landowner) that has a lease as being a leaseholder the 80% resident number may not be that far off.
Cheerrs
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