PROPERTY IS UNDER CONTRACT TO BE SOLD! Here is you chance to have a stake in the East Ohio shale play along with having a nice surface tract that is surrounded by Wayne National Forest! 40.68 acres located just off of St Rt 260 in Ludlow Twp. Washington County. The surface and 50% of the mineral rights will transfer to buyer at the current list price. The oil/gas rights are held by production by a 12.5% royalty lease that was signed in 1970 by previous owners. There is one oil/gas well on this property and the oil/gas lease states that the landowner has the right to free natural gas from the gas/oil well to one dwelling on this property. Oil/Gas royalties are minimal. The seller is also willing to sell 100% of the mineral rights only for $163,000. Annual taxes on this property is $70.26. Oil/gas lease is available upon request. Call anytime for more information.
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