Mehoopany, PA 18629(Wyoming County)

Property comes with all Marcellus, Utica, Upper Devonian and other Shale Gas Rights with Potential Undeveloped Reserves Estimate of 200 +/- BCF EUR or greater. 200 +/- BCF EUR at a 5/9/25 Henry Hub price of $3.79 would be $758 million in gross revenue for the Marcellus shale layer. Seller makes no representations or warranties as to actual reserves of natural gas, oil, and associated hydrocarbons. The Property has not been leased for natural gas and oil extraction although dozens of offers to lease and/or purchase have been received. The Property can potentially be drilled from a 20 +/- acre surface pad utilizing underground laterals to extract gas via fracking and thus approximately 98% +/- of the surface can be utilized for other uses.

Surface land potential for Energy Intensive Data Center, Manufacturers, Gas Fired Power Plant, Gas-to-Liquids Processing, a major theme park, or mixed use development. Approximately 2 miles from Proctor & Gamble's huge Mehoopany Paper Products Plant.

Located near major pipelines. May be approximately 2 Miles from The Auburn Gathering System. Approximately 6-7 miles from the Tennessee Pipeline. Approximately 30 miles from the Transco pipeline, and approximately 10-12 miles from the Williams Springville Gathering line. Buyer to confirm where these pipelines are located with respect to the Property.

Solar and Wind Turbine Rights: Property has not been leased for solar. Site potentially can be utilized for a 400-800 acre utility scale solar farm. Two nearby PJM Interconnection Paths may potentially be available for Electrical Power Distribution. (Buyer to confirm numbers and location of potential PJM connections.)

Property comes with all mineral rights including Pennsylvania Bluestone (flagstone), Sand, Shale, & Gravel. Nearby Susquehanna riverfront properties have former and existing sand & gravel quarries. Site is adjacent to an operating bluestone quarry. Seller makes no representations or warranties as to quality or quantity of these reserves.

Potential Groundwater Plus Possible Direct Withdrawal from 3.2 +/- miles of Susquehanna Riverfront via permit. Seller makes no representation or warranties as to the quantity, quality, or availability of water resources.

Wind Power: Site has not been leased for wind turbines. All wind power rights intact. Nearby is an operating wind farm.

The acreage could be in a sweet spot of the NEPA Marcellus according to Chesapeake's "Core of the Core" Map and located in the Range Resources "Super-Rich" core. Some of the top wells in Wyoming County, PA are within a few miles of the Property.

80 +/- acres of farmland. Additional land can potentially be placed back into farm production.

Timber: Site produces annual income from logging. Seller makes no representations or warranties as to quantity or quality of timber.

Annual revenue from hunting leases plus potential farm lease.

No local zoning. Multiple uses possible.

3.2 +/- miles of Susquehanna River riverfront. Potential for small scale hydroelectric plant (if permits are obtained) as land is owned on both sides of the Susquehanna River.

Railroad frontage. The property contains approximately 1.32 +/- miles of railroad frontage.

NOTE: All properties are posted against trespassing. Any visits to the property must be by appointment and accompanied by a representative of the Seller. Trespassers will be prosecuted. All site visitors must sign liability waivers. All potential Interested Parties must be financially prequalified before site visits.

Because the Property was assembled under the threat of eminent domain, it would be nearly impossible to duplicate it today. The Property encompasses most of the former farming village of Scottsville, Pennsylvania. A large power company acquired the site in the late 60's or early 70's for a potential nuclear power plant site. The village of Scottsville at the Property was demolished leaving only foundations of homes hidden today by forest. Scottsville was originally known as Hemlock Bottom and was first inhabited in 1787 by settlers from Connecticut. Farming was the major occupation. The land remained vacant from the 70s and was purchased in 2004 by one of the conservancies we manage. The power company timbered it occasionally, it was leased to local farmers, and also leased to the Pennsylvania Game Commission for use in public hunting. Currently the Property is leased on an annual basis to private hunt clubs and is timbered and has previously been leased for farming. That's the history of the 1,406 acres from the late 1700s to today.

Survey: The Property has been surveyed as per ALTA/ACSM standards in 2004.

Zoning: There is no local zoning in the three townships where the Property is located: Meshoppen, Mehoopany, and Windham Townships, Wyoming County, Pennsylvania although that could change at anytime. The subdivision and land development in those townships is regulated by Wyoming County through its Planning Commission.

Sand, Gravel, Shale, and Bluestone: The Property contains potential deposits of sand, gravel, shale, and bluestone, however, no mineral assay was performed and no representations or warranties are made as to the quality or quantity of these reserves. The Property contains a very small, old, non-operating, small bluestone (flagstone) quarry North of the River and is contiguous to an existing operating bluestone quarry South of the River. Some sand and gravel mines in Wyoming County are located adjacent to the River.

Leases on Property: Property is presently leased for hunting on a year-to-year basis. Approximately 80 +/- acres of farmland exist and can potentially be leased. Some of the farmland is Wyoming County River "flats". River flats are generally considered by many farmers to be good farmland in Wyoming County. Several additional areas of the Property have been previously farmed and can potentially be put back into working farmland. All leases terminate annually.

Susquehanna River ("River") Frontage. The Property, as per a 2004 survey, has a riparian meander distance of 7,185 feet of frontage along the northeasterly side of the Susquehanna River and a riparian meander distance of 9,672 feet of frontage along the southwesterly side of the Susquehanna River.

Railroad: There is no rail service to the bulk of the Property which lies South of the Susquehanna River. The Property on the North side of the River is contiguous to the Blue Mountain Reading and Northern Railroad with 1.32 +/- miles of railroad.

Wind and Solar: The Property has not been leased for wind and solar. BP has or had a wind farm located wholly or partially in Mehoopany Township (part of the Property is located in Mehoopany Township). The BP wind farm has or had 88 turbines and is a few miles from Property.

Hunting: The heavily wooded forest, with habitats and varieties of habitats (mature forest, new growth, mixed forest, field, river, ponds, farmlands, etc.) provide for a good hunting experience. The land is leased each year by hunting clubs. The site has deer, bear, turkey, grouse, geese, ducks, and squirrels, plus coyote, doves, rabbit and other small game are available.

Fishing: The Susquehanna River is well known in the northeast for its Small Mouth Bass, Walleye, and Muskie fisheries.

Taxes: $4,622.62 (2022): Property is enrolled in Wyoming County Clean & Green, a preferential tax assessment program that bases property taxes on use values rather than fair market values. This ordinarily results in a tax savings for landowners. A change in use of the Property may trigger Rollback Clean & Green Taxes due by the Buyer upon the change of use.

IMPORTANT PROPERTY INFORMATION, TERMS, CONDITIONS, AND DISCLAIMERS (REV. 5/23/2022)

Negotiation and Purchase and Sale Agreement. Any sale of the property described herein (the Property) is subject to a mutually agreeable purchase and sale agreement (an AOS) drafted by Seller which shall not be legally binding upon Seller unless and until it is fully executed and accepted in writing by both Buyer and Seller (hereinafter sometimes referred to as the Parties) with original signatures by the Parties. Until a fully executed AOS is exchanged, Seller is under no obligation to continue any negotiations with a prospective Buyer, and Seller reserves the right to discontinue all negotiations at any time up to the point an agreement is fully executed and exchanged unless otherwise agreed to in writing with original signatures by the Parties. Buyer may do likewise at any time up to the point an AOS containing the original signatures of the Parties is exchanged unless otherwise agreed to in writing. Unless otherwise agreed to in writing with original signatures by the Parties, Seller and Buyer shall bear its respective costs, including but not limited to due diligence and attorneys fees incurred during the negotiation process and under no circumstances may Seller be held liable as a consequence of its termination for any reason or no reason of negotiations prior to the execution and exchange of a mutually acceptable AOS.

No Real Estate Brokers Agreements will be accepted.

Transfer Tax. Buyer shall be responsible to pay all Pennsylvania real estate transfer taxes due at the time of closing.

Sales Price. The sales price for the Property shall be payable in United States dollars in certified bank funds or via a wire transfer(s) before or at the closing of any transaction and no other currencies or virtual currencies will be accepted. The Seller shall not accept any portion of the Sales Price in the form of Seller financing or in land trades.

Property Taken As Is. Except as may be specifically provided to the contrary in any AOS signed by Buyer and Seller, the Property is being sold by Seller in an "as is" condition with all faults and Seller makes no representations or warranties with respect to the condition of the Property or for its actual or potential usage by the Buyer or for any particular purpose, nor does Seller make any representations and warranties as to the quantity and quality of reserves for gas, oil, and associated hydrocarbons, timber, farmland, water reserves, sand, shale, gravel, or bluestone on the Property or represent that Property is suitable for wind or solar farms or for a hydroelectric plant.

Use At Your Own Risk. The material provided within this posting includes maps, third-party links, specifications, details, photographs, etc. of the Property (hereinafter collectively referred to as the Information). The Information provided by Seller for the Property is for informational purposes only. Before you act on any Information, you should independently confirm any facts that are important to your decision-making. SHOULD YOU RELY ON ANY INFORMATION PROVIDED HEREIN, YOU EXPRESSLY AGREE THAT YOU DO SO SOLELY AT YOUR OWN RISK. YOU UNDERSTAND THAT YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE OR LOSS YOU MAY INCUR THAT RESULTS FROM YOUR USE OF OR RELIANCE UPON ANY OF THE INFORMATION PROVIDED OR ACCESSED FROM ANY OF THE INFORMATION PROVIDED HEREIN.

Buyer is not to rely on Seller's agents who are Independent Contractors with respect to Information provided and all Information received by Buyer from Seller or Seller's Agents is to be independently verified by Buyer.

Limitation of Liability. The Information is presented "AS IS" without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. IN NO EVENT SHALL THE SELLER OR LH PROPERTIES, INC. AND THE COMPANIES AND TRUSTS THEY MANAGE OR OWN, INCLUDING THEIR OFFICERS, DIRECTORS, EMPLOYEES, CONSULTANTS AND AGENTS (COLLECTIVELY HEREINAFTER THE INDEMNIFIED PARTIES) BE LIABLE TO ANY ACTUAL AND/OR POTENTIAL BUYER WHO HAS REVIEWED THE CONTENTS OF THE INFORMATION FOR ANY INDIRECT, EXEMPLARY, PUNITIVE, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES (INCLUDING WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS PROFITS, LOSS OF BUSINESS, INTERRUPTION OF BUSINESS, LOSS OF GOODWILL OR BUSINESS REPUTATION, OTHER INTANGIBLE LOSS, INACCURACIES, ERRORS, OR OMISSIONS IN THE INFORMATION PROVIDED, OR FOR ANY CONSEQUENCE AS A RESULT OF RELIANCE BY ANY ACTUAL AND/OR POTENTIAL BUYER WHO HAS REVIEWED THIS INFORMATION ON THE COMPLETENESS OR ACCURACY OF INFORMATION, LOSS OF USE OF DATA, LOSS OF DATA, COMPUTER VIRUSES, COMPUTER CORRUPTION, DELETION OR CORRUPTION OF CONTENT OR DATA MAINTAINED OR TRANSMITTED. The Indemnified Parties shall not be liable for any damages whatsoever arising from Buyers use of the Information on the Property, and Buyer shall indemnify the Indemnified Parties and hold each of them harmless from and against any and all costs, damages, or losses by any of them (including, without limitation, reasonable attorneys fees) as a result of a claim by any person other than Buyer arising from Buyers use, dissemination, sharing or application of the Information. Some jurisdictions do not allow the exclusion of liability for certain damages. As a result, some of the exclusions above may not apply to you. Seller is not responsible for any issues created by the use of Artificial Intelligence by the potential Buyer or any third parties that supply Information on the property.

Links. Some of the Information provided herein may allow you access to links of third party sites that LH Properties, Inc. and the companies that it manages or owns does not own or operate and which will allow you to leave this site to connect to the third party sites. LH Properties, Inc. and the companies that it manages or owns bears no responsibility for any of the content of such third party sites and shall not be liable for any damages or injury arising from that content or your use, reliance on, or access to such third party sites. Any such links to third party sites are provided merely as a convenience to the users of this Information and the availability of access to such links does not imply endorsement by LH Properties, Inc. and the companies that it manages or owns of such third party sites or any content contained therein. LH Properties, Inc. and the companies that it manages or owns disclaims all liability with regard to your access to such linked web sites and access to any other Internet web sites linked to this Information is at your own risk. You should consult the terms of use and privacy policy of any other Internet web site. This disclaimer of liability also applies to any damages or injury, including but not limited to those caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration by Artificial Intelligence, alteration of, or use of record, whether for breach of contract, tortious behavior, or negligence or under any other theory or cause of action.

Maps And Directions Disclaimer. The maps Information provided by LH Properties, Inc. have been obtained from sources believed reliable, including, but not limited to outside third party consultants retained by LH Properties, Inc. and the companies that it manages or owns as well as publicly available mapping. However, LH Properties, Inc. and the companies that it manages or owns has not independently verified the information and makes no guarantees, warranties, or representations about the accuracy or completeness of the maps. It is your responsibility to independently confirm the accuracy and completeness of any map including any scale for dimensions on any map. You assume all risk of use. LH Properties, Inc. and the companies that it manages or owns does not assume any responsibility for loss, damage, or delay caused by your use of and/or reliance upon Information provided by LH Properties, Inc. and the companies that it manages or owns.

Updates and Effective Date. LH Properties, Inc. and the companies that it manages or owns reserve the right to make changes to its Information from time to time for any reason. Such changes, modifications, additions or deletions shall be effective immediately upon posting, unless otherwise indicated. It has no duty or obligation to inform prior visitors that changes have been made, regardless of the scope and importance of the changes. We encourage you to periodically check back and review this Information to be aware of any changes. Your continued use of the Information after such changes are posted will be deemed to constitute your agreement to, acknowledgement of, and acceptance of such changes.

Dispute Resolution Policy/Non-Arbitration. Seller reserves right in its sole and absolute discretion to forgo and not enter into arbitration and to proceed directly to litigation to resolve any disputes.

Dispute Resolution/Arbitration Policy if Arbitration is Chosen by Seller to be Used in Sole Discretion of Seller. In the event of any dispute that arises out of your use of this website or the Information contained herein, such dispute may be settled by arbitration in accordance with the rules for commercial arbitration of the American Arbitration Association in effect at the time such arbitration is initiated. Seller and Buyer shall appoint an individual as arbitrator and the two so appointed shall then appoint a third arbitrator. If either such party refuses or neglects to appoint an arbitrator within thirty (30) business days, the other party may appoint the second arbitrator. If the two arbitrators do not agree on the third arbitrator within thirty (30) business days of their appointment, each of the arbitrators shall nominate three individuals. Each arbitrator shall then decline two of the nominations presented by the other arbitrator. The third arbitrator shall then be chosen from the remaining two nominations by drawing lots. The arbitration hearing shall be held in a place chosen by the Seller in the Sellers sole and absolute discretion.

The arbitrators shall follow judicial formalities or the rules of evidence required by governing law. The law of Pennsylvania shall govern this arbitration to the fullest extent permitted by law, and all proceedings conducted by the arbitrators shall be held in Wyoming or Luzerne counties of Pennsylvania in the Sellers sole and absolute discretion.

The decision rendered by a majority of the arbitrators shall be final and binding on all parties involved in the arbitration. Such decision shall be a condition precedent to any right of legal action arising out of the arbitrated dispute which either party may have against the other. Judgment upon the award rendered may be entered in any court having jurisdiction thereof. Each party involved in the arbitration shall pay its own costs and attorneys fees, the fee and expenses of its own arbitrator, and one-half of the fee and expenses of the third arbitrator. All other expenses of the arbitration shall be equally divided between the said parties. Any action filed in order to enforce this Agreement, including an arbitration award will be filed solely in the courts located in Wyoming or Luzerne counties of Pennsylvania in the Sellers sole and absolute discretion.

The parties to any such arbitration agree, and the appointed arbitrators shall agree, as part of acceptance of nomination, to keep confidential and not disclose to persons not connected with the arbitration the details of the arbitration proceeding and all information received by them as may be required by process of law.

Responses to Contacts/Inquiries. LH Properties Inc. will make reasonable efforts to respond to all contacts, inquiries and requests for additional information from potential buyers who have reviewed the Information on the Property, however under no circumstance may Seller be held accountable for any inability or failure to do so. If after repeated attempts you are unable to make contact with LH Properties Inc. via e-mail or telephone, or if requests for preliminary non-confidential information on the potential Buyer are requested by Seller and potential Buyer fails to provide that information, Seller may in Sellers sole discretion cease all contact with potential Buyer.

To the extent that such laws apply to commercial real estate transactions, it is the intention of LH Properties, Inc., and its affiliated companies to comply with the Federal Fair Housing Act, which prohibits any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make such preference, limitation or discrimination. LH Properties, Inc., and/or the companies it manages or owns does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its business activities or operations. As such, neither LH Properties, Inc. nor the companies it manages or owns will apply criteria more burdensome to a qualified interested Buyer of a protected class; or refuse to negotiate with, or sell to, a qualified interested Buyer in violation of applicable federal and state fair housing and anti-discrimination laws. State and local laws often provide broader coverage and prohibit discrimination based on additional classes not covered by federal law. It is our intention to comply with all applicable state and local fair housing laws.

Note: Preliminary Financial and other non-confidential buyer prequalification including information on Buyers company, a history of litigation and regulatory violations, and information on the individual or entity representing the Buyer may be required as well as confidential information once a confidentiality agreement is signed by Seller and Buyer before certain property Information may be released. Any listed for sale prices for the Property are subject to change at any time prior to the execution and exchange of a mutually acceptable purchase and sale agreement.

All Potential Buyers may be required to secure and provide a financial prequalification letter before Seller will negotiate. Potential Buyers may also be asked to provide a letter from a bank or other financial institution stating that funds are available for the intended purchase of property listed by Seller.

Seller has sole discretion:

to determine whether or not a Buyer can financially potentially complete the transaction.

to refuse to negotiate with any Buyer with whom Seller does not believe has the financial ability to complete the purchase.

whether or not to negotiate with any Buyer who will require bank or other financing.

to refuse to negotiate with Buyers who have a history of litigation and/or a negative involvement with regulatory authorities or are unregistered foreign entities per any federal laws or any foreign based entities.

Seller does not pay commissions to real estate brokers, although Seller has no objection if a Buyer wishes to engage a real estate broker to represent Buyer. Seller uses its own Agreement of Sale (AOS) and does not use a realtor or Buyer-provided AOS. Seller may or may not require a deposit at any time. Seller relies on third-party independent contractors (Contractors) to show its properties. These Contractors are not agents of the Seller and therefore do not have the authority to negotiate price or other terms and conditions and the Information provided by them is not to be considered a representation and/or warranty of Seller and all such Information must be independently verified by Buyer. Potential Buyer is not to rely on any oral or other Information provided by Seller. Buyer's AOS may potentially allow either party to void an AOS once signed for any reason or no reason whether deposit monies have been provided, however in the event of a Seller withdrawal or cancellation of AOS once signed, the language in the AOS can be potentially structured to provide a full or partial refund of any deposit monies paid by potential Buyer under a signed AOS.