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Permalink Reply by bo boboski on October 30, 2015 at 7:15am

Some landowners in the Law unit, near Salesville have gotten their 30 day notice of drilling commencement .Eclipse. Ist possible activity for months.Some analysts are predicting oil prices to rebound next year, so maybe its gotime? Those Towellheads wont want to make very low profits for long! AND ,they wont be able to stand us getting Gasoline for $1.99 for too long!

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Permalink Reply by Donna M. Thompson on October 30, 2015 at 7:26am

Thannk you for your reply.  I am in Center Twp. and have not seen any action here except down on Endly Road.  Once heard that everyone in Center and Cambridge Twps. would be leased.  That has not happened.  

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Permalink Reply by bo boboski on October 30, 2015 at 7:33am

That are is in the super rich oil window. don't look for it to get drilled until oil is back up to $100. per barrel. may be a few years. I look for the leases that are in place will expire, then they will be offering much lower #s, and more unfriendly terms. Hope I'm wrong. Me lives there too.

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Permalink Reply by Donna M. Thompson on October 30, 2015 at 7:48am

OK.  Thanks again.  Do not think I can wait many more years as I will be 90 next month. HAHA

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