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Oil and Gas Lease Awarded to Chesapeake Appalachia

Sayre Area SD logoSayre Area SD
Disclosed value
$156,800 signing bonus plus 15% royalty
From agenda
Approved
Dec 4, 2023
Renews
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The 30-second brief

What it covers

Sayre Area School District approved a five-year paid-up oil and gas lease with Chesapeake Appalachia for district-owned land, securing a $156,800 signing bonus and 15% royalty. Chesapeake has the option to extend the primary term.

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 signing bonus plus 15% royalty
Document date
December 4, 2023
Term
Five (5) Years, plus extension option for primary term
Renews
Free account
Vendor
Chesapeake Appalachia
Agency
Sayre Area SD
Source document
sayre-area-sd-board-of-education-meeting-agenda-december-4-2023_c87.md (Agenda)

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 & Gas Lease Approved with Chesapeake Appalachia · Dec 4, 2023All Chesapeake Appalachia contractsVendor profile

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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 signing bonus plus 15% royalty.

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 signing bonus plus 15% royalty.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in sayre-area-sd-board-of-education-meeting-agenda-december-4-2023_c87.md (Agenda), 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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