American Energy Partners founder sees value in Utica
Wednesday, September 10, 2014
Columbus Business First reports that at least one company’s investment in the Utica Shale will continue.
Aubrey McClendon, the founder of American Energy Partners LP and founder and former CEO of Chesapeake Energy, stated his approval of the Utica shale’s potential at a recent conference.
From Columbus Business First:
“‘In our view, pound per pound, it’s the best gas rock in the U.S.,’” McClendon said Thursday at a Dallas energy conference.”
Via: Columbus Business First > Aubrey McClendon calls Utica shale play ‘extraordinary’ at Dallas Energy conference
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How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
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Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
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Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.