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What's the current offer?

 
Post new topic   Reply to topic    Natural Gas Exploration and Leasing Forum Index -> Susquehanna County
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BountyHunter



Joined: 09 May 2008
Posts: 6
Location: Susquehanna County

PostPosted: Fri May 09, 2008 12:29 pm    Post subject: What's the current offer? Reply with quote

$2550/AC 15% has been offered to a group AND an individual.
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Shurthng



Joined: 05 May 2008
Posts: 29

PostPosted: Sat May 10, 2008 3:36 am    Post subject: Reply with quote

Jefferson County we have been offered $100 per acre, 15.625%, 3yrs, drilling Fee $5,000 per well
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maxie



Joined: 09 May 2008
Posts: 1

PostPosted: Sat May 10, 2008 8:16 pm    Post subject: Lease Offers Reply with quote

Do you know which company made this offer? And was it in Susquehanna County?
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BountyHunter



Joined: 09 May 2008
Posts: 6
Location: Susquehanna County

PostPosted: Thu Jun 12, 2008 12:40 am    Post subject: Reply with quote

Chesapeake, I believe.
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BountyHunter



Joined: 09 May 2008
Posts: 6
Location: Susquehanna County

PostPosted: Thu Jun 12, 2008 12:41 am    Post subject: Reply with quote

Yes, Susquehanna County. Forest Lake Twp. Friendsville area.
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BountyHunter



Joined: 09 May 2008
Posts: 6
Location: Susquehanna County

PostPosted: Thu Jun 12, 2008 12:41 am    Post subject: Reply with quote

Yes, Susquehanna County. Forest Lake Twp. Friendsville area.
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Insuranceman



Joined: 05 Apr 2008
Posts: 9

PostPosted: Fri Jun 20, 2008 4:03 pm    Post subject: Reply with quote

Today an offer by Chesapeke of $2550/16/8
or $2750/15/8 in Harmony Twp W/ Co. addendoms.
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ronholog



Joined: 23 Aug 2007
Posts: 29
Location: Lenox Twp., PA

PostPosted: Thu Jul 31, 2008 1:19 pm    Post subject: Reply with quote

Form Letter offering $2750/15/7 plus 7. Chessie - got my correct address, so a real offer. Lenot Twp. near Hop Bottom.

Trying to horn into Cabot area -

Cabot is now selling gas produced in their Dimock field.

From their Investor News Page:

'Marcellus Shale

The Company currently has three rigs drilling (two vertical, one horizontal) on its approximately 120,000-acre block in Susquehanna County, northeast Pennsylvania. To date, the Company has drilled eight vertical wells with four wells completed. Three additional wells have been drilled to a horizontal kick-off point currently ahead of a larger rig. Pipeline construction is ongoing with first production occurring today. This production will represent the first Marcellus production ever in northeast Pennsylvania. "It is Cabot's plan to continue to expand its pipeline infrastructure, test our first horizontal Marcellus well and expand our operation from a current three-rig program to an eight-rig program in 2009," commented Dinges. "The first phase of our infrastructure investment has been to build ten miles of pipeline, set compression and tap the interstate line. With the next phase that will be added in 2009, Cabot will add another 57 miles of pipeline." '
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Insuranceman



Joined: 05 Apr 2008
Posts: 9

PostPosted: Tue Aug 05, 2008 5:27 pm    Post subject: Reply with quote

8/2/08 Swoog meeting in Forest City had @ 650 unsigned people attend. They are over 24,000 ac. , looking to get to 30,000.
Have a digital map underway. The Rails & Trails group has joined with their 37 mile long right of way reaching North & South across Susq. Co.
They are in talks with several companies and expect offers in @ 3 months.
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