Replies to This Discussion

Permalink Reply by paleface on July 24, 2015 at 12:11pm

Don't know the terms,but how they get the gas to market is gonna be interesting there surrounded by Shell.Just a thought does Dominion have pipe lines that they could use?

Permalink Reply by Ann Ticopa on July 24, 2015 at 1:28pm

Tioga County Extension section of NFG's Empire pipeline.  SWEPI is an anchor shipper, not an owner of the pipeline.  

Permalink Reply by Jackie Root-CMM on August 12, 2015 at 4:26am

The Dominion farm out to Travis Peak is good news for Lessor's within the storage area, how this all works out still remains to be seen but it is a positive step. Good luck TP! I would suggest those Lessor's dust off the lease documents that apply and get familiar with their situation.

Permalink Reply by Ann Ticopa on August 13, 2015 at 6:33am

Here is an interesting article about companies, including Trivis Peak, which are backed by private equity firms.  

"Repeat executives find new, profitable ventures in expanding shale industry - July 19, 2014

http://powersource.post-gazette.com/powersource/companies/2014/07/2...

"“These guys are proven operators and moneymakers,” said Ryan Devlin, a director at EnCap Investments, a Texas-based private equity firm that funded PennEnergy and Mr. Addison’s new company, Travis Peak Resources. ...

“You quickly come to learn that if you want someone to allocate capital to you and all you really have are people, that’s the equity route,” [Addison] said. “Commercial banks aren’t going to do that.""

Permalink Reply by Janice L. Hancharick on August 13, 2015 at 10:24am

Ann, this was a great article.  Thanks for sharing!  I hope everyone w/OGMs in  Potter and Tioga counties read it.  Lots of food for thought.

Permalink Reply by Janice L. Hancharick on August 13, 2015 at 12:54pm

A follow-up to my own reply ... had to stop to fix dinner.

Next Wed., August 19th @ 2 - 4 PM, in Coudersport's Gunzberger Bldg. on N. Main St. a meeting will be held for regional OGM landowners, and those who are part of a storage unit and/or pipeline corridor.  Dan Brockett will be the key speaker from Penn State's Marcellus Education Team, while Bud Shuffstall (Senior Oil, Gas and Mineral Officer) will be representing  Northwest Savings.  No fee will be charged.

Once readers connect to the link Ann Ticopa provided above, it will be apparent why this meeting is so important.  It's entitled  "SHALE  GAS: Updates, Land Management and Lease Options".   On the agenda ... Shale Overview, Trends,  Production Options When Under a Lease, and Land Management During Development.  A "Q & A" period will follow.

Register by calling 570-320-4429.

Those who have been to previous meetings bringing Travis Peak, CX-Energy, and the 4-County Landowners Group together  will make the connection to all this by following this thread, reading Ann's link, and attending the shale update meeting.

Permalink Reply by tom on August 14, 2015 at 12:39am

Does anybody have a number to contact Travis Peak? My current Shell lease is about to expire and they are giving offers. I am curious as to see if I can get more. I am in Tioga county

Permalink Reply by Jack Young on August 14, 2015 at 1:36am

Matt Hood (their land manager) can be reached at 918 640-1741.

Permalink Reply by Ann Ticopa on August 14, 2015 at 5:12am

From the Travis Peak website:
http://www.travispkr.com/leasing

            LEASING
Travis Peak Resources has an ongoing leasing program in the Appalachian Basin. If you own mineral rights in this area, consider Travis Peak. For consideration, please contact Matt Hood, Land Manager at:

Travis Peak Resources, LLC
9020 North Capital of Texas Hwy.
Building 1, Suite 170
Austin, TX 78759
Phone: (512) 814-0345
E-mail: mhood@travispkr.com

--------------
Note:  Jim's phone number for Hood is probably the better one to try first.  

You might  want to do Landex searches on Travis* to see where in TC they are leasing (e.g. Brookfield, Clymer, Westfield, Deerfield).
http://www.landex.com/webstore/jsp/cart/DocumentSearch.jsp

Permalink Reply by paleface on August 15, 2015 at 3:03am

Have they drilled a well yet ?

Permalink Reply by Janice L. Hancharick on August 17, 2015 at 4:49am

Travis Peak was actively leasing in western Tioga and eastern Potter in 2014-15.  Some leases were signed through the company's land agents, and some through the 4-County Landowners Group ... represented by CX-Energy.  The latter got the better of the two lease formats, and CX got their fee paid by Travis Peak.  A great deal for both!

TP knows good OGM acreage when they see it, and fortunately CX was able to bring out the best in them @ the bargaining table at no expense to the landowners.

Permalink Reply by JJ Morgan on August 17, 2015 at 1:21pm

My guess is TP will flip their Westfield interest to Shell.  We have a Shell lease now which expires in Sept. TP is picking it up becsuse it was a strong lease from 5 yesrs ago and very very good.   This way,  Shell gets a better deal and doesn't have to deal with the front end.  ...Or pay out what they did give years ago

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