Knox Township, Columbiana County, OH
Leasing activity is picking up once again in the northern part of the Ohio Utica shale play. Greg Carver, a trustee with Knox Township in Columbiana County, says he was recently contacted about leasing 15 acres he owns for new oil drilling. In late February, a consortium paid $1.6 million for mineral rights for 345 acres in Knox Township. Holy smokes! That's $4,637 per acre! It sure sounds like Utica leasing is "back" --- just not where you might think it would be.
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