BFS14-0751

191+/- Net Mineral Acres
Washington County, PA
Hanover Township

New lease is in the works! The Buyer will receive the proportionate share of the lease bonus which is expected to be paid out by the end of 2020.

The current Owner will sell up to 191 net acres out of 273 gross acres in Hanover Township, Washington County, Pennsylvania. This acreage is currently unleased. The Owner has signed a strong lease with Range Resources ($1,250 per acre and 18% royalty). The Buyer will be paid the proportionate share of the lease bonus which is expected to be paid out by the end of 2020. Title is done and is being certified. The Owner intends to close no later than early December so Range Resources can pay before 12/31/2020.

Copy of lease is available upon request.

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    Property Agent

    • Bill Smith

    Phone Number:
    724-933-1311
    Email:
    wsmith@cx-energy.com
    • Tagline: 191+/- Net Mineral Acres
      Washington County, PA
      Hanover Township 
    • Address: Pennsylvania 
    • State: Pennsylvania 
    • County: Washington County 
    • Township: Hanover 
    • Net Mineral Acres: 191+/- NMA 
    • Unitized: No 
    • Well/Unit Name: No 
    • Lessee Name: Range Resources 
    • Lease Date: TBD 
    • Primary Term: 5 Years 
    • Extension Term: N/A 
    • Royalty Rate: 18% 
    • Royalty Type: net