620.27+/‐ unleased net mineral stretching over Galeton, West Branch and Pike Townships in PoƩer County, Pennsylvania. Available: oil, gas and mineral rights, land, Ɵmber rights. PotenƟal to renew access road and water line agreement with Shell in the near future. The current owner is open to selling surface, Ɵmber and oil, gas and mineral rights. As a bundle or separately. The bundle price is $4,465,699
Pipeline infrastructure is well built‐out in this area. TEPPCO Partners LP has an 8‐inch diameter, transmission/trunk line crossing the center of this acreage and UGI CorporaƟon has a 4‐inch diameter local distribuƟon line crossing the northern Ɵer of this acreage. Dominion and NaƟonal Fuel also have pipeline infrastructure in the immediate area.
There is a Tri‐Co Rural Electric Line and a gas transmission line crossing this property (line belongs to Enterprises Products, it is line P 40). A water transmission line runs along the access road on the property. The water line is 6”, belongs to Shell; they exercised their last 3 year opƟon on the right‐of‐way in July 2015. If Shell wants to renew, it is open to negoƟaƟon next year. There is a stone pit open on the property. The owner has contacted the DEP to learn what needs to be done to reƟre the site. The stone is good, but the haul road is long and the demand is way down.