amp

you most likely dont have a choice.. otherwise hello eminent domain.. as far as nothing.. this is the government.. read the fineprint.. just access point you say.. hmmnn

you may not surrender any rights to the property but you arent denying them of theirs..

utility lines.. natural gas in this case.. requires a great deal of governing and with it guidelines... EPA.. public safety... etc

im seriously doubtin that at this point that those guidelines will not overide your rights as property owners... maybe a bad example.. but consider easements..

and why would they fork up a mil for a short term lease when for a fraction of that they can purchase the land.. similar acreage in the areas can be had for less than 200k..

and like ive already stated.. if you resist.. eminent domain.. even if they were to release such funds.. with a pipeline underneath there... good luck tryin to sell it later..

have your parents do some research prior to signin that dotted line..

jwteknix

also the pipe line wouldnt be put through all 60 acres of your land just a small part of it so you won't be getting all that money just a peice for where the actual pipe is run and the access points I'm postive they wont be paying out for land their not using

teknics

Amp: They're offering a 12-20% royalty on top of the offer.



The offer is fulyl legittimate a bunch of land owners created a commision to all use one lawyer for their specific bargaining, we are doing it with them and thru our own private lawyer to make sure all is square on our side.



The contract has been gone over constantly by multitudes of lawyers. In absolutely no way are any of our rights to the land infringed upon. Their are also crystal clear rules as to what specifically they can do to the land without permission, and exactly what they need permission to do ocne the land is rented (were like landlords)



As far as thinking theyre not willing tof ork up money for the property, IIRC the current budget just for land accruement is in the billions.



To put this into perspective, a guy next to use bought 28.8 acres for $32k, he is currently selling that same lot, unchanged for over $250k. Land up there was dirt cheap, but they know there's no way to secretly buy up all the land without alerting people and getting screwed.



As for why they wouldnt want to purchase the land, is that we know the gas is under our land, so in order for us to sell the land to them we'd ask a lot more exorbitant prices. So basically what they want to do is just borrow the land for a few years to zero in on the gas pockets, run their lines, and thats it, no need for the land once that business is handled, so no hassle in selling it.



Another reason for non-ppurchase is that, in all honesty almost everyone involved has had the land/property in their family since the early 1900s if not earlier, it is their life and way of life, a LOT harder to buy that from someone then to rent the rights.



Now as for eminent domain:



The only clear way to pursue eminent domain claims is to prove that there was reasonable negotiating over fair land value before a stalemate was reached.



They have not released how much natural gas they predict to be udner the properties, so everyones actual land value has skyrocketed. Thats why the negotiations are occuring. Now if the "commission" over steps the bounds of reasonable THEN the company can file for an eminent domain claim and battle it out in court.



However, since we've already agreed to our negotiations with the utilities company there is NO WAY they can use eminent domain against us, only against those who continue to push for more money.



now:



"also the pipe line wouldnt be put through all 60 acres of your land just a small part of it so you won't be getting all that money just a peice for where the actual pipe is run and the access points I'm postive they wont be paying out for land their not using " (looks like you shouldnt be so positive)



yes but we own all 60 acres, the agreement is to rent our "property" because they dont know where they will be going in the property, they cannot rent aspecific spot that they have no idea where it is.



I actually now have updated numbers as the contract was formal signed etc today:



*edit*woop sorry, not allowed to be positing what our actual contract is, ill let you know once all landowners in our area have settled*edit*



as for everyone else around me, i could careless, i got my money in writing so it doesnt bother me what happens to them.



Also here's a quick tidbit of the pocket of gas they're trying to get to:



"The Marcellus Shale is estimated to have recoverable reserves of 50 TRILLION cubic feet of gas, 25% of the nations total, or about twice the ANNUAL use of the country. Wells have been testing in the 1 to 5 MILLION cubic feet a day range, Many in the industry are calling this the largest and most exciting gas strike in the country"



feel free to read more:



" http://www.windsornygaslease.com/coalition...0gas_5_6_08.pdf "



or google "Marcellus Shale"



kevin.

teknics

meh didnt notice that last post got so long, here's a better way of describing the "lease" that i found:



"The thing that is critical that they (landowners) know is that what we are doing is taking an oil and gas lease on their mineral rights. They are not selling us anything,” said Norman."



kevin.

defprun

In Canada they wouldve gave you the big F-U even if you farm the land to live, lol.