For Sale!
18+/- net mineral acres in Cherry Township, Sullivan County, Pennsylvania. Chesapeake (now Expand Energy), leased this acreage in June of 2024. Quick overview of the lease terms: 5 year primary, 5 year extension, extension payment of $1,500 per acre, 15% gross royalty!
This acreage looks like it might be in the southern Cherrymills Unit?!?! We are speculating that a ~7k foot lateral off the middle of the Cherrymills Well Pad would most likely capture this acreage. December 2024, Chesapeake TIL an 18,073 foot lateral off the southeastern side of this pad (Cherrymills 106HC—API 113-20475) – it is currently averaging 26.79 MMcf/d. The map shows 2024 and 2025 leasing activity in this area.
December 2024, Chesapeake filed a new unit ~11k feet west of this position at the Eagle Rock site. The original E&S paperwork for this pad was filed in 2011. We have not located plats.
Multiple Marcellus layers are being drilled in this area.
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18+/- Net Mineral Acres Sullivan County, PA Cherry Township
Send download link to:
Property Agent
Bill Smith
- Phone Number:
- 724-933-1311
- Email:
- wsmith@cx-energy.com
-
Tagline:
18+/- Net Mineral Acres
Sullivan County, PA
Cherry Township - Address: Pennsylvania
- State: Pennsylvania
- County: Sullivan County
- Township: Cherry
- Net Mineral Acres: 18+/-
- Unitized: No
- Well/Unit Name: N/A
- Lessee Name: Expand Energy
- Lease Date: 6/6/2024
- Primary Term: 5 Years
- Extension Term: 5 Years
- Royalty Rate: 15%
- Royalty Type: Griss