Gas Leases

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 so you can get educated.

Pete Dochinez, president of Resource Trading Online, said in a press release that the site was created “because we were motivated by stories from landowners and resource owners about the less-than-adequate values they ultimately received for the lease of the natural gas resources from their property.”

He estimated Friday that there are thousands of landowners and resource owners in the region who may be approached by companies seeking to lease a portion of their holdings for gas exploration.

“Landsmen, other individuals or organizations attempt to profit by securing a lease for the right to extract natural resources from certain parcels of land. Not all offer undervalued natural gas leases, but there are plenty who have taken advantage of unsuspecting land or resource owners,” Dochinez said.