Gas Leases

North Dakota is also raking in the dough for mineral leases lately. In this case it’s oil being leased:

The surge in oil activity is Painting a very bright future for local economies right now but one often overlooked benefit is that of the land owners and mineral rights owners where the actual oil is being [...]

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The Penn State Cooperative Extension has been holding seminars for land owners in Pennsylvania recently to help educate them about oil and gas leasing. Their approach is a little unique in the fact that they are taking a 3-pronged approach to education:

Teaching land owners a bit about the science of gas and oil drilling
Helping land [...]

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Council members in Edensburg, Pennsylvania are being smart when considering gas & oil leases on borough owned land:

Borough officials want to hear about the experience of others before agreeing to lease the gas and oil rights on borough-owned land.

“It’s like playing the stock market,” borough Manager Dan Penatzer said.

“You have to guess as to whether, [...]

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According to WBNG, people in Kirkwood, NY are banding together as The Kirkwood Gas Lease Coalition in hopes of getting a better deal from gas companies.
The coalition is a group of neighbors trying to recruit others to pool their land together and lease the land through the same gas company…The coalition says the more people [...]

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Consultants in Pennsylvania are still trying to educate landowners about gas leases and how to deal with letters they are receiving in mass quantities:
“People are getting a lot of letters wanting them to sign wind and gas leases,” Campbell said.

Barton said it is important to know the difference between being consulted and having the ability [...]

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As many people in Pennsylvania are aware, gas and oil companies are tripping over each other to offer more and more money to landowners who are sitting on top of mineral rights. This excitement has led many landowners to to start educating themselves as to what exactly gas and oil leases are.
A great recent example [...]

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The Pennsylvania Attorney General has offered up some basic bullet points of advice today regarding gas lease that we thought we’d pass along.

Exploration and drilling can involve large rigs and heavy equipment. Access roads may need to be installed.
If you do not know a lawyer specializing in oil and gas law, contact the local bar [...]

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