Resource Trading Online News

Resourcetradingonline.com Launches to Help Landowners Negotiate the Best Lease Possible Through the Only Competitive Bidding Environment

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

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