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oil_and_gas_land_management_commission_bids_februa.pdf

Ascent Resources Submits Offer for Salt Fork #2 Lease

$15,000/net mineral acre for 2.0 net mineral acres ($30,000.00) + 1/8 royalty on production + 7.5 Additional Economic IncentiveOhio Department of Natural ResourcesASCENT RESOURCES - UTICA LLCFebruary 26, 2024

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Description

Ascent Resources - Utica, LLC submitted a bid for Salt Fork #2 offering $30,000 plus ongoing royalties and incentives; status not indicated.

Contract Details

Contract Amount

$15,000/net mineral acre for 2.0 net mineral acres ($30,000.00) + 1/8 royalty on production + 7.5 Additional Economic Incentive

Vendor

ASCENT RESOURCES - UTICA LLC

Agency

Ohio Department of Natural Resources, OH

Contract Type

OTHER

Document Date

February 26, 2024

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