Online Tool - www.resourcetradingonline.com - Allows Multiple Bids to be Submitted for Landowners/Resource-owners, Levels the Playing Field for Those Seeking to Protect Mineral Rights PITTSBURGH, June 17
PITTSBURGH, June 17 /PRNewswire/ -- The country's only online resource for
land and resource-owners who are seeking to establish natural gas and other
mineral rights leases on their properties launches its comprehensive Web-based
tool, www.resourcetradingonline.com, giving landowners/resource-owners the
advantage by creating a location that gets them multiple proposals easily.
"We created www.resourcetradingonline.com because we were motivated by
stories from landowners and resource-owners about the less than adequate
values they ultimately received for the lease of the natural gas resources
from their property," said Peter Dochinez, president, Resource Trading Online.
Landsmen, other individuals or organizations attempt to profit by securing a
lease for the right to extract natural resources from certain parcels of land.
Not all offer undervalued natural gas leases, but there are plenty who have
taken advantage of unsuspecting land or resource owners.
"It's a shame so many land and resource-owners just don't know the facts
and, moreover, how to protect their rights and get the optimal value for their
natural gas reserves, particularly when it comes to the Marcellus Shale
formation, which stretches across parts of Pennsylvania, New York, West
Virginia, Ohio and Maryland," said Dochinez. "We expect
www.resourcetradingonline.com to significantly help the landowner level the
playing field."
Industry sources, such as Gas Daily (http://www.platts.com), have reported
an imminent drilling boom in Pennsylvania and West Virginia's Marcellus Shale
formation. The formation lies 6,000 feet beneath the surface where horizontal
layers of rock contain trapped natural gas.
Landowners/resource-owners use www.resourcetradingonline.com to learn more
about the natural resources leasing process. They can register their property
online after which www.resourcetradingonline.com notifies multiple producers
and landsmen that property has been posted.
As the landsmen or producers are notified, land and resource-owners may
receive multiple, proposed lease agreements from bidders from which they
negotiate terms for land use. If a landowner/resource-owner does not like an
offer, they simply reject or counter the bid via the online service. If the
terms are acceptable, landowners/resource-owners are then urged to seek legal
counsel.
"We wanted to structure a educational and user friendly resource for
landowners/resource-owners to provide a resource helping to place their
product in front of scores of potential buyers," said Dochinez. "There is no
other resource like this in the country."
www.resourcetradingonline.com is the only trusted place for
landowners/resource-owners to get the natural gas, oil and other natural
resource leasing terms landowners truly deserve. Using a set of online tools
via www.resourcetradingonline.com make landowners' natural resources
immediately available to multiple interested parties to help them get the best
lease possible through a competitive bidding environment. Call 1-888-786-2040
or visit http://www.resourcetradingonline.com.
SOURCE Resource Trading Online
