Does anyone know something about PetroEdge Energy LLC, leasing in Tyler co WV? I have an offer, not familiar with this Co. What is royalty leasing for in Tyler Co? Any info would be appreciated.
PETROEDGE ENERGY, LLC
Email: info@petroedge.com
Phone: (713) 954-3650
Fax: (713) 954-3655
PetroEdge Energy is a growth oriented independent energy company engaged in the acquisition, exploration and exploitation of unconventional natural gas and crude oil properties. Our activities are focused in the Appalachian Basin, primarily in West Virginia and Pennsylvania. Our goal is to substantially increase the value of PetroEdge through a combination of continued successful drilling and acquisitions.
PetroEdge has leasehold interest in over 15,000 net acres in the Appalachian Basin.
The Company’s seasoned management team has extensive industry knowledge stemming from an average of over 30 years of experience with leading energy companies, such as Halliburton, Pennzoil, Texaco, Petroleum Geoservices and Southland Royalty. The management team has a track record of success managing, applying technology and exploiting oil and gas reserves. Management also has a wealth of business relationships that will further Company growth.
Larry Richard and Larry Buchanan have worked at Halliburton in progressive capacities for more than 49 years collectively. Notably, Larry Richard led Halliburton’s internal energy investment group for eight years and successfully invested more than $500 million in a variety of oil and gas opportunities across the U.S.. Larry Buchanan has been responsible for overseeing field operations for Halliburton’s energy clients throughout the U.S. for the past five years and specifically focused in the Appalachian region. Mark Malinski has over 30 years experience in the oil and gas industry, including 15 years as CFO, primarily in publicly traded companies including six years as CFO of Pennzoil Company. Dr. John A. “Jack” Ward has over 35 years experience in the industry with extensive experience in implementing field development strategies. He developed many of the techniques employed for seismic reservoir mapping and is recognized as an expert in seismic inversion, seismic stratigraphy, AVO, and multi-component interpretation.
Bertie,
You might find some info on Tyler Co. W. V. and PetroEdge Energy, LLC by logging on to 'Go MarcellusShale.com. I just noticed a conversation on this subject dated July 12, 2011. Good luck on your lease.
Clint Liles
Thanks you for your info, I will check the Marcellus site. Bertie
Clint Liles said:
Bertie,
You might find some info on Tyler Co. W. V. and PetroEdge Energy, LLC by logging on to 'Go MarcellusShale.com. I just noticed a conversation on this subject dated July 12, 2011. Good luck on your lease.
Clint Liles
My family received a similar letter from Petroedge recently. We got it through a different landman though. I'm contacting an attorney today to get advice.
I'd like to know if there is active drilling in Tyler or are they just looking to get leases.
Also, my family are only part owners of the mineral rights that we were contacted about. Is there a website where I could find the other owners? I'd like to know if they were contacted by Petroedge as well.
I believe there is active drilling in Tyler Co, I know PetroEdge and Jay Bee Productions are in a race to see who can sign the most leases. On the MarcellusShale.com, I believe on one of the tabs there is a place to find the county you are interested in. The more info you have the better, my royalty comes from Thorton F. Twyman, Ellsworth Dist. JayBee has filed a petition with the court to Quiet Title my family's interest and several others, even though we own and have paid the taxes on this tract for 100 yrs. If you need an attorney in Tyler Co., I believe Dean Rohrig in Middlebourne would be a good choice. I have a call in to him right now. I am in Oklahoma so everything is by ph or email, etc. Good Luck, Bertie L Stringfellow
I got a call from the landman again for an adjacent property we also have rights to. He said they were sending out a more aggressive offer to us for a lease agreement. He also mentioned they were in some stage of drilling. I think the words he used were "trying to get equipment out there to drill." I think part of why he told me was to make his lease offer seem more enticing if royalties were all but guaranteed. I just did a search and did find a permit issued to PetroEdge in that area. In case anyone was wondering, this is in the Ellsworth district in Tyler County. From the website http://tagis.dep.wv.gov/oog/index.html I see many permits for Stone Energy and a few for PetroEdge in Tyler County. Any other information anyone would like to share would be appreciated.