Hi! We are located in Franklin Township, Monroe County, Ohio. We were approached by a landman who represents Gulfport Energy. Our lease would be just shy of 200 acres. The terms they offered are $4000 per acre and 18% royalties. We had a previous Antero lease (2012-2022) for $5500 acre and 20% royalties, but they never drilled.
Has anyone heard about any movement being made by Gulfport in Monroe County? This offer is much lower than our previous offer, and we are concerned about their Midstream partnerships and constraints.
We also reached out to mineral attorneys who are licensed to practice in Ohio, but haven’t heard back from them.