Hello Donald
Not aware of any relatives in your area. I recently heard of the leasing in the county. Wanted to get more educated on this. Didn't know who to speak to regarding this. I noticed a Rick Price in the comment area. Thanks!
NO LEASES BEING SIGNED AT THIS POINT, IN MEIGS CO. ATHENS CO. RECORDED OVER 400. CUNNINGHAM ENERGY HAS UNTILL MARCH 15 TO0 PAY, OR WALK AWAY. 2,500 ACR. MEIGS IS WAITING TO SEE WHAT HAPPENES THEIR. SEVERAL LAND GROUPS FORMING ,BUT I'M WAITING TO GET MORE INFO BEFOR SIGHING WITH ANY OF THEM. I BELEVE RICK PRICE IS SIGHNED ON WITH SOUTHERNOHIOENERGY CONSULTANTSLLC.COM IF YOU ARE INTERESTED IN SIGHING UP, CHECK OUT THEIR WEB SITE. YOU CAN PRINT A FORM AND SIGN UP.
Donald, spoke to Rick Price in Meigs County. Will notify other owners.
Thanks again!
HI , JUST A QUICK COMMENT. SEEMS ATHENS CO. LEASES WITH CUNNINGHAM ENERGY IS FALLING APART.( NO SUPRISE) ALSO SEE THEY ARE OFFERING THEM 16.5% INSTEAD OF 16% IF THEY HOLD ON UNTILL THEY GET ANOTHER DEAL PUT TOGETHER WITH ANOTHER COMPANY. JUST A COMMENT ON ROYLITYS FROM GAS AND OIL PRODUCTION. THE GOVERMENT HAS DIRECTED THE SEC. OF ENERGY TO NOTIFY THE OIL AND GAS COMPANYS THAT FUTHER LEASES ON GOVERMENT LAND WILL BE AT 18.75%. I THINK THAT SHOULD CARRY THROUGH TO THE PRIVATE LAND OWNERS. SOMETHING TO THINK ABOUT BEFOR YOU LEASE.
Here an interesting read on what might be about Cunningham Energy...
and this, ignoring the anti-frack stuff, just note the Cunningham antics:
http://grist.org/natural-gas/as-fracking-boom-hits-ohio-industry-deceives-landowners/
I'M SURE THIS HAPPENS, BUT IT IS NOT THE CASE HERE. YOU CAN'T FIX STUPID, BUT INTELLILENGE WINES EVERY TIME.
http://www.shalegasinsiders.com/ I WOULD RECOMEND THIS SITE FOR READING THE LATEST NEWS FOR SOUTHERN OHIO LEASING AND DRILLING. IT WILL KEEP YOU UPDATED ON THE LATEST LEASE BONUS AND ROYALITY PAYMENTS IN YOUR AERA. A GOOD LEASE STARTS WITH BEING INFORMED.
Youngstown News, Energy companies commit to $900M project in Columbiana, Harri THIS IS BIG NEWS FOR OHIO, AND THE OIL AND GAS RICH AERAS OF SOUTH EAST OHIO. MEIGS CO. WILL BENFIT FROM THIS AS WELL. MY OPINION IS THIS, WILL INCREASE YOUR LAND LEASE VALUE.
http://www.shalegasinsiders.com/
CHECK OUT THE LATEST LEASE PRICES, AND OTHER NEWS.
Anyone know if Cunningham paid out on the Athens County leases arranged by Lavelle? March 15th was to be the pay out date. Also, simply set up a Google Alert for Ohio+Utica+Shale and you will get a daily alert of any new articles...
HAVE NOT HEARD, BUT I WOULD DOUBT IT. I WOULD THINK THE LAND OWNERS WOULD BE BETTER OFF IF THEY WALK AWAY FROM THIS DEAL BETTER DEALS IN THE FUTHER.
WHY IS THINGS SO QUITE ON THE ATHENS CO. LEASE PAYOUT? WE NEED TO KEEP PEOPLE INFORMED.
I HAVE A QUESTION. NEED INFORMATION FOR MEIGS CO. HAS ANYONE SIGHNED A LEASE WITH A MAJOR O/G COMPANY, IN THE POINT PLEASENT, OR UTICA SHLE FORMATION, IN MEIGS CO.? NEED TO GET THE INFORMATION OUT.
UPDATE: BP Enters Lease for 84,000 Acres in Trumbull - WKBN - 27 First News - Will this happen in meigs co.?
Probably not for about 18 months or so unless a smaller company steps in to buy , the thickness here is about 50ft deep with an organic content between .05 to 1%, but it is between 5000 to 6000 ft deep which is the good news, it puts us directly in the wet gas sweet spot.
YES RICK I THINK YOU ARE RIGHT , UNLESS ONE OF THE LAGER COMPANYS FEELS THEY HAVE TO MAKE A MOVE BEFOR THEY GET LEFT OUT. SEEMS EVERYONE WANTS A PIECE OF THE ACTION. AFTER STUDYING THE MAPS, I BELEVE THE O/G COMPANYS WILL WANT LAGER ACERAGE IN MEIGS CO. BECAUSE OF THE THICKNESS. THEY NEED MORE WELL PADS, MORE LATERALS TO GET THE PRODUCTION. I THINK IF A SMALLER CO. WOULD LEASE, THEY WOULD SELL THEIR LEASES TO A LAGER CO. IN THE END. I WOULD NOT WAND TO LEASE TO A SMALL CO. SUCH AS CUNNINGHAM EXC. THAT IS UNLESS THEY WOULD COME UP WITH THE RIGHT LEASE AND MONEY. WHICH I BOUBT THEY WOULD.
What does the group think about the latest ODNR map which excludes Meigs, Gallia and Athens from the Utica footprint?
http://www.athensnews.com/ohio/article-36527-geologist-county-may.html
That map just shows the believed core production of the play , but it still comes through Athens and meigs , it may just take a little longer to get activity here