Replies to This Discussion

LandownerPermalink Reply by bo boboski on February 3, 2019 at 1:40am

They sold out to Encino. It'll be up to the new owners. they assumed all those leases and will have the option to extend. I look for them to do that,but will try to amend those leases to far less desirable language for the landowners. They may just let them expire,then wait a while so that landowners think that anything they offer on new leases may be better than nothing.They are looking 10 years down the road.

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LandownerPermalink Reply by Stephen W. Albery on February 3, 2019 at 6:37am

Thank you!
I've heard that Chesapeake was keeping the leases in Tuscarawas county, but then I also heard that Chesapeake sold all leases in Ohio. Confusing!

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LandownerPermalink Reply by Gary L on February 20, 2019 at 8:59pm

Link below about Encino acquiring Chesapeake in Ohio.

  https://www.wksu.org/post/new-energy-company-utica-shale-headquarte...

Gary L

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LandownerPermalink Reply by bo boboski on February 20, 2019 at 11:36pm

Thx for the news. Lets hope they haven't adopted any of Chesapeake's landowner relations tactics.

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LandownerPermalink Reply by Tusc-county-man on February 21, 2019 at 2:26am

in the end.......it seems all companies get greedy and start taking deductions not specified in the leases.

I have old Clinton gas wells........they did the same thing a couple years back.....started taking Gas tax and Severance and gathering taxes.....

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LandownerPermalink Reply by Gary L on March 24, 2019 at 6:34pm

Appears that Encino will target Columbia, Jefferson, and Harrison Counties in Ohio 2019 according to this article.

https://www.ohio.com/news/20190308/encino-energy-shooting-for-stabi...

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LandownerPermalink Reply by bo boboski on March 24, 2019 at 10:06pm

Sounds like they are going after the gas,not oil. where they can get it into a pipeline immediately and make the most $ as soon as possible.

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LandownerPermalink Reply by dave smith on April 5, 2019 at 6:39am

Watch out for Chesapeake big trouble in Pa.and the rest of where ever they are.

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Permalink Reply by Ralph cramdon on April 5, 2019 at 2:05pm

Why is Chessie in 'big trouble " ? 

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