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Oil & Gas Lease Approved with Chesapeake Appalachia

Sayre Area SD logoSayre Area SD
Disclosed value
$156,800.00 signing bonus and 15% royalty payment
From meeting minutes
Approved
Dec 4, 2023
Renews
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The 30-second brief

What it covers

The Sayre Area School District approved a paid-up oil and gas lease agreement with Chesapeake Appalachia for district-owned property. The contract provides a $156,800 signing bonus, a 15% royalty payment, and a 5-year term extendable at the vendor's option.

Who holds it

Chesapeake Appalachia holds this contract with Sayre Area SD. Its other public contracts on record include work for Towanda Area SD and Sullivan County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Sayre Area SD contract.

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Contract details

Amount
$156,800.00 signing bonus and 15% royalty payment
Document date
December 4, 2023
Term
Five (5) Years with extension of the primary term at the option of Chesapeake
Renews
Free account
Vendor
Chesapeake Appalachia
Agency
Sayre Area SD
Source document
sayre-area-sd-meeting-minutes-2023-12-04_5af.pdf (Meeting Minutes)

Chesapeake Appalachia's other public contracts

Towanda Area SD, PennsylvaniaNon-surface oil and gas lease pending solicitor review · Jun 17, 2024UndisclosedTowanda Area SD, PennsylvaniaOil and Gas Lease Authorization Pending Approval · Jun 17, 2024UndisclosedSullivan County, PennsylvaniaOil and gas lease approved for Sullivan County. · May 21, 2024Sayre Area SD, Pennsylvaniasayre-area-sd-agenda-2023-12-04_b27.txt · Dec 4, 2023$156.8KSayre Area SD, PennsylvaniaOil and Gas Lease Awarded to Chesapeake Appalachia · Dec 4, 2023All Chesapeake Appalachia contractsVendor profile

More Sayre Area SD contracts

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Questions about this contract

Who was awarded the government contract by Sayre Area SD?

Chesapeake Appalachia was awarded this government contract by Sayre Area SD, as recorded on December 4, 2023. The contract value is $156,800.00 signing bonus and 15% royalty payment.

How much is the Chesapeake Appalachia contract with Sayre Area SD worth?

The Chesapeake Appalachia contract with Sayre Area SD is valued at $156,800.00 signing bonus and 15% royalty payment.

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in sayre-area-sd-meeting-minutes-2023-12-04_5af.pdf (Meeting Minutes), dated December 4, 2023 from Sayre Area SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Chesapeake Appalachia hold?

Chesapeake Appalachia may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Sayre Area SD currently buying?

Explore Sayre Area SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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