Guernsey Lease Offers: County / Date of Offer / Royalty % / Bonus Per Acre / Acreage
| Ohio-Guernsey County | 06/27/2011 | 15.00% | $1600.00 | 5 years | 100.00 |
| Ohio-Guernsey County | 10/22/2011 | 20.00% | $5000.00 | 5 years | 5.00 |
| Ohio-Guernsey County | 09/26/2012 | 20.00% | $5000.00 | 5 years | 48.00 |
| Ohio-Guernsey County | 09/27/2012 | 14.00% | $3600.00 | 5 years | 40.50 |
| Ohio-Guernsey County | 09/27/2012 | 14.00% | $3600.00 | 5 years | 40.50 |
| Ohio-Guernsey County | 02/27/2012 | 16.00% | $2000.00 | 5 years | 0.75 |
ADD YOUR"S BELOW. Please add any additional qualifying info; Section-Township-Range etc.
Views: 10987
Replies to This Discussion
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Permalink Reply by Greg Felty on
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I think ascent is leasing there also, so ironhead must be getting them to re lease to ascent.
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Permalink Reply by David Cain on
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Ascent has done some selective leasing at roughly $4,000 per acre and 17% no deduction on a 5 year lease in SE guernsey.
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Permalink Reply by Greg Felty on
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Does Ascent usually take the 120 days to pay the lease bonus or do they pay quicker than that?
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Permalink Reply by David Cain on
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Greg,
My contract was for 60 days and they waited until the last couple of days before making payment. Good Luck!
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Permalink Reply by Greg Felty on
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Thanks
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Permalink Reply by scott peterson on
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I am still waiting for payment on my lease with Steel City Mineral Fund & Appalachian Resources Development Group LLC.
Was supposed to be in 75 days which came & went. Now into a 30 day extension period for payment.
They are claiming backlog with title search company. (hmmm)
Two of my neighbors in same boat.
Will update with hopefully positive news.
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Permalink Reply by Greg Felty on
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Good luck Scott, hope you get it soon.
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Permalink Reply by scott peterson on
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Thanks Greg, you as well !
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Permalink Reply by Greg Felty on
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Received my check on the 119th day of the 120
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Permalink Reply by David Cain on
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Congrats Greg. Now we just sit back and wait to see if /when they drill.
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Permalink Reply by Greg Felty on
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Thanks David. It sure would be nice to see them drill ours.
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Permalink Reply by scott peterson on
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Beware of Steel City Minerals & Appalachian Resources Development Group LLC (ARDG LLC). Signed a lease agreement with them back in Feb. with a specified deadline for payment. Deadline came & went with no payment & no reason given or any communication whatsoever. They are not responding to my lawyer at KWGD & have not cancelled or filed a release with the county recorder.
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