Vintage Land Holdings, LLC (Vintage) was formed to offer a new and unique opportunity for natural gas development within the Appalachian Basin. The management team of BLX, Inc. established Vintage by aggregating the leasehold rights of numerous independent oil and gas producers – accumulating acreage characterized by solid title and held by production (HBP) from conventional oil and gas wells. Vintage has established a goal to aggregate 40,000 acres in a very attractive target area, providing potential buyers the opportunity to participate in arguably the hottest oil and gas play in the country. The benefits of Vintage can be summarized by our four point plan of execution:
- The prospect will incorporate up to 40,000 acres
- 98% of the acreage will be HBP – greatly reducing drilling commitments
- ALL shale formations will be assigned to the buyer – from 100’ above the Rhinestreet to EVERY formation below.
- Closing will involve one entity with Vintage executing the assignment to the prospective buyer.
In conjunction with this offering, BLX, Inc. management has created a separate operating company – Vintage Operating, LLC – to provide additional land and operational support as necessary.
Over the past seven years, the natural gas industry has dramatically changed in Pennsylvania and surrounding areas. Vintage truly understands and appreciates this transformation and is extremely excited to provide this opportunity to potential buyers wanting to enter the shale gas play…at the right time and definitely the right place.
