1 / 12

Marcellus Shale

Marcellus Shale . Leasing Glenn Cochran. Yes, It Is a Big Deal !!!!!. Individual or Group Leasing. Advantages to Leasing as an Individual. Lease is more specific to your property Tailor-made to your specific wants or needs. Advantages to Group Leasing. Better overall terms Bonus

turner
Télécharger la présentation

Marcellus Shale

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Marcellus Shale Leasing Glenn Cochran

  2. Yes, It Is a Big Deal !!!!!

  3. Individual or Group Leasing

  4. Advantages to Leasing as an Individual • Lease is more specific to your property • Tailor-made to your specific wants or needs

  5. Advantages to Group Leasing • Better overall terms • Bonus • Royalty Percentages • Length of Leases • Offers more flexibility on well locations

  6. Parts of the Lease • Term • Primary Term • Secondary Term • Habendum Clause • Bonus or Delay Rental • Royalty • Pooling or Unitization • Pugh Clause

  7. Lease Terms (continued) • Shut-In Royalty • Gas Storage • Location of Wells, Roads, Etc • Force Majeure • Renewals

  8. Get It in Writing

  9. Before You Sign Anything • Have the Document Reviewed by an Attorney • A Few Hundred Dollars Spent May Save You Thousands

  10. If Your Land is Under Lease • What are the lease terms? • Are There Depth Restrictions? • Primary Term • Are You Receiving Rentals on Time? • Secondary Term (Wells Drilled and Producing) • Are You Receiving Royalty Checks? • Talk With Your Current Lessee to See What They are Doing Regarding the Marcellus

  11. In Summation • Major Financial Impact • Solo vs. Group Negotiations • Research • Know What You Want to See in A Lease • Get It In Writing • Review It With Your Attorney

  12. Thank You Glenn D Cochran P O Box 1399 Oil City PA 16301 (814) 671-1550 gdcconsulting@verizon.net Question and Answer Session After the Next Presentation

More Related