The Ohio River Valley property is comprised of 18,321 acres found in forty-six (46) separate tracts scattered from eastern Kentucky to central and southern West Virginia. The tracts are in 11 different counties in Kentucky and 10 different counties in West Virginia. Only 6 tracts are larger than 500 acres with the majority of the tracts being less than 200 acres. The property will be managed as a commercial timberland property. Hunting leases will be available on this property. Coal and natural gas development occur throughout the region and a limited amount of coal activity is present on the property. Several gas wells are currently active on the property. The mineral rights do not belong to Heartwood.
|Property Name||Ohio River Valley|
|County||WV – Clay, Kanawha, Cabell, Wayne, Lincoln, Logan, Raleigh, Bingo, Wyoming, McDowell, Mingo; KY – Breathitt, Estill, Floyd, Johnson, Lawrence, Lee, Magoffin, Morgan, Owsley, Perry, Pike|
|Coordinates||N37° 55’ W82° 31’|
|Previous Owner||Due South Investments, LLC|
|Dominant Forest Type||Appalachian Hardwood|
|Managing Consultant||Landmark Forestry, LLC|
|Address||P . O. Box 503 Horner, WV – 26372|
The economic area is considered to be in the heart of the Appalachian Regional Commission region – central rural Appalachia. Mineral and timber development is common throughout the region. Agricultural farm operations increase in number and size as one travels to the western regions of the property. Several public and private parks and forests are in the vicinity of many of the property’s’ tracts including: Daniel Boone National Forest, Robinson Forest, Cabwaylingo State Forest, Lily Cornett Woods and Twin Falls State Park. Others are located within a few miles of some of the tracts that comprise the property. The property lies between the wide expanses of 37° 26’ 30” and 38° 25’ 20” north latitude, and 81° 06’ 45” and and 81
The property was purchased in September of 2011 from Due South Investments, LLC, successor in title to GMO Renewable Resources and Bright Enterprises. The landowner history of these tracts includes individuals, families as well as corporate timber, coal, oil and gas entities.
The primary forest cover types are typical mixed Appalachian hardwoods including species such as red, white, black, chestnut and scarlet oaks, yellow poplar, hickory, red and sugar maple, beech, hickory, basswood, cucumber and some hemlock. Timber harvesting has occurred on some of these tracts within the past 5 years. Natural regeneration is successful. Impacts to successful natural regeneration by white tailed deer browsing are expected to be minimal.