Natural Gas Lease

[plowking]

Tree Huggers?...I thought that's why they make backhoes. Or is that because of exwives. I'm still married so I shouldn't be digging any holes soon. Up here the issue is water rights for profit. Now those meetings can get ugly. plowking

 

[Flatheadyoungin]

i didn't read the replies..

i read somewhere the other day on the net, that gas companys are really hitting WV hard and they are some high pressure sales guys feeding people a lot of crap.......like offers of $300 per acre when other companys are offering, for the same quantity, $3500 per acre and much more % of what is pumped...

do your homework, don't let them pressure you.......you have the power and there are many companys that will make offers....

or so it sounds from what i read.....don't know how valid it was..

 

[dmccarty]

Follow the link that Wayen County Hose posted.

You might also want to search the Wall Street Journals website for stories about groups of landowners getting together to get deals from the oil/gas companies. The article was just in the last couple of weeks and talked about, but did not list websites, where landowners where talking about what kind of deals they had been offered. This is one of those deals where the owner does not usually know the worth of what they own. Gotta be careful. Like selling Timber.

These websites are helping with knowing what the lease is really worth. And some landowners are banding together to maximize the lease.

Some of the companies like to buy up the leases from a group of landowners because it makes things easier but maybe more expensive.

You might have to pay to get the WSJ article.

Good Luck,
Dan

 

[moeh1]

Penn State has some excellenty resources that you should read.
http://naturalgaslease.pbwiki.com/