How would I know that. All I ever got was paid 5 yrs ago for a 5yr + 5yr extension which runs out tomorrow. I have never received any other info from Shell or Rex from that point on. So I guess I am not in a unit with a well.
Did many people that signed with BCLG get put into a unit with a well or are most people in the groups leases expiring this month. I live outside the area and it is hard to keep up with what is going on in Butler area.
Some BCLG members in the Morraine East Area are included in Units. Where is your property located? It seems that is the area that Rex will be focusing on in the coming two years. You can check out their website for operational updates which will provide you with a lot of useful info.
Contacted Rex yesterday about filing a release at the Butler Courthouse. The response below is from them. So if you haven't received a payment by now it is time to move on. They are going bankrupt anyway.
Upon review of your lease information, it appears that your lease expired yesterday (4/18/2017). At this time, there are no plans to renew, extend or tender a new lease.
We will be filing a surrender of lease on your behalf to clear your title of the gas lease.
Should you need anything else, please let us know.
Land Analyst | Rex Energy Corp
600 Cranberry Woods Drive | Suite 250
Cranberry Township, PA 16066
I am happy that they dropped mine. If they are just going to sit on it for another 5yrs. Who knows what will happen I have been involved in leasing since 1973 it is either feast or famine. At least I can look around, without feeling trapped for another 5yrs.
If anyone is interested, some good news from Rexx
Moraine East Area
In the Moraine East Area, the company recently finished drilling the four-well Mackrell pad with an average lateral length of approximately 7,600 feet. The four wells are expected to be placed into sales in the second half of 2017. In addition, the company will begin completing the six-well Shields pad in late-April 2017 and expects to place the six wells into sales in the third quarter of 2017. In conjunction with the commencement of the Shields pad completions, construction has begun on the pipeline connecting the Renick compressor station to the Shields pad. The company also now expects to the four-well Baird pad to be placed into sales in the second quarter of 2017.
“With the four-well Wilson pad, four-well Mackrell pad and six-well Shields pad all currently on schedule to be placed into the sales in the second half of this year, we expect to see substantial production growth in back half of 2017,” commented Tom Stabley. “In particular, we are excited about the Mackrell and Shields pads, as they will be the first wells on the eastern portion of our Moraine East Area and will further our goal of having the large majority of the Moraine East Area held by production while also continuing to delineate the field.”