Barnesville (Belmont County), OH
It's not often we get insight into the latest lease offers floating around. Leasing activity is definitely picking up in the Ohio Utica. We came across what has to be one of (if not THE) highest per-acre bonus offers we've seen in Ohio. The Village of Barnesville, in Belmont County, sought lease offers for 177 acres of village-owned property. The village received two offers. One of the offers came from Gulfport Energy, which offered $7,500 per acre as a signing bonus plus 20% royalties. Barnesville turned it down!
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