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Meeting slated to discuss Marcellus Shale

September 24, 2010
By DEANNE JOHNSON/Staff Writer

SALEM - Those considering one of the gas and oil leasing options in the county or those just wanting more information are invited to attend an event on Saturday.

Since the discovery of the Marcellus Shale natural gas reserves in the Columbiana County area, those representing oil and gas companies have been flocking to the area, trying to convince those living there to sign over mineral rights to their properties.

Katie Rea, the daughter of Rob Rea, who is organizing Saturday's event, said the idea of the meeting is to provide people with enough information to make decisions best for them.

One or more gas companies are expected to come to the event and speak, providing information and putting an offer on the table. An attorney is expected to attend to talk to people about contracts and their rights. Other property owners who have already signed leases will available to help people learn about the process.

"We're just local farmers," Katie Rea said. "We just want to get everyone as much education and information as possible."

Rea said unless someone has a lot of time to do the research and spend a day on the telephone, getting information about the Marcellus Shale and gas rights involved has been mostly "bits and pieces."

One of the things Rea said will be discussed is joining some property owners together in order to negotiate a better price. Someone with 5,000 acres has been receiving a better per acre bid than those with only 100 acres, according to Rea.

Most importantly, there will not be any pressure put on anyone to sign up for anything during the meeting, according to Rea. The idea of joining together will be discussed, but everyone will be free to make their own decisions during the event.

The event will be held at 6 p.m. Saturday, at the Armstrong Horse Auction Arena, located between Salem and Lisbon on state Route 45.

According to the Web site, www.marcellusshales.com, the Marcellus Shale natural gas reserve runs across four states, including Ohio and has been predicted to be the second largest in the United States and one of the top producing in the world.

djohnson@mojonews.com

 
 

 

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