Gas Leases

You could have taken a nostalgic drive through the past on Thursday night, through the dreamy green landscape at the outer edges of the Catskills, past sleepy fishing towns like Roscoe and Downsville, to the lovingly restored Walton Theater, built in 1914 for vaudeville acts, honored guests like Theodore Roosevelt and community events of all [...]

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Natural-gas drillers seem to be taking “a wait-and-see attitude” right now, according to Ken Balliet, a Penn State Extension director well versed in gas-lease issues.
If exploratory wells being drilled this summer are productive and some state regulatory issues are ironed out, gas-lease offers could jump, he said.

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Apparently a company called Resource Trading Online has launched a website to help get land owners the best bang for their buck by letting multiple prospects bid on leases. Disclaimer: We have no affiliate to them and have not personally used their service, but we always try to pass along as much information as possible [...]

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Several hundred residents skipped out of their typical Saturday morning routine, trading yard work for discussion of the summer’s hot topic — mineral rights leasing.
At 10 a.m., crowds gathered at the Convention Center for the second Shreveport-sponsored Haynesville Shale public information meeting.

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The Bureau of Land Management’s bimonthly regional sale of oil and gas leases totaled more than $30.5 million.
BLM officials say the sale on Tuesday set a record for leases in North Dakota and Montana. The agency says it eclipsed the previous record of $13.1 million set in January 2005.
BLM says XTO Energy of Ft. Worth [...]

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XTO Energy, which has locked up six potential drilling sites in Northeast Tarrant County, struck a deal this week with one of the holdout groups in that area for a signing bonus of $20,000 an acre.

The Hidden Lakes neighborhood of Keller, which includes 1,800 property owners on about 700 acres, has agreed to a three-year [...]

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A group of about 950 property owners in Haltom City agreed to a natural gas drilling deal with Dale Resources that will pay a signing bonus of $20,500 per acre.
The Haltom City Joint Neighborhood Committee, which represents about 350 to 400 acres, agreed to the lease with Dale, representing Chesapeake Energy, on Friday. The three-year [...]

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There is a land rush going on across Pennsylvania, but buyers aren’t interested in the land itself.
Buyers are interested in what lies beneath the earth’s surface — mineral rights to natural gas deposits.

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Jack and Mary own 40 acres of land in south Bossier Parish.
They received an offer to lease their land to an oil and gas company. They signed the lease, thankful for the $2,000 an acre they received for their lease.
A few months later, they discovered other land owners getting substantially more money for land very [...]

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As hundreds of property owners of the Greenfield Gas Group collectively negotiated a natural gas lease for their 25,000 acres, one landholder was in for a rude awakening.
After researching deeds of all the properties, the natural gas exploration company discovered the owner of 500 acres did not own the oil and natural gas rights of [...]

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