School District Grants Oil and Gas Lease to Expand Appalachia | Athens Area SD | EXPAND APPALACHIA LLC

Scope & details

The full contract record, as filed.

Contract amount

$14,000.00 initial bonus payment; $5.00 per net acre per year delay rental (paid-up during primary term); 18% royalty on sales proceeds less post-production costs and taxes

Contract type

OTHER

Contract term

Primary term January 12, 2026 – January 11, 2031, with option for one additional 5-year term by paying 100% of initial consideration

Renewal date

2031-01-11

Renewal

Lessee may extend the lease for one additional 5-year term beyond January 11, 2031 by paying 100% of the initial consideration ($14,000.00) on or before the expiration of the primary term. After the primary term, the lease may also continue so long as qualifying operations, production, storage (excluding gas and carbon storage per amendments), or specified payments and conditions are maintained, subject to limits on shut-in (maximum two consecutive years) and force majeure (maximum two years after the primary term).

Document type

Contract

Source document

Athens Area School District Oil and Gas Lease 2026-01-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Athens Area SD?

Expand Appalachia Llc was awarded this government contract by Athens Area SD, as recorded on January 12, 2026. The contract value is $14,000.00 initial bonus payment; $5.00 per net acre per year delay rental (paid-up during primary term); 18% royalty on sales proceeds less post-production costs and taxes.

How much is the Expand Appalachia Llc contract with Athens Area SD worth?

The Expand Appalachia Llc contract with Athens Area SD is valued at $14,000.00 initial bonus payment; $5.00 per net acre per year delay rental (paid-up during primary term); 18% royalty on sales proceeds less post-production costs and taxes.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Athens Area School District Oil and Gas Lease 2026-01-12 (Contract), dated January 12, 2026 from Athens Area SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Expand Appalachia Llc hold?

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

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What is Athens Area SD currently buying?

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

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