Friday, July 19, 2013

Fractavists force PA landowners to abandon gas and oil leasing

Posted on by admin
One group of landowners who wish to exploit the gas/oil reserves beneath their property are being prevented from doing so by “environmentalists” who, as always, know best what’s good for other folks, and tell them so.
Hess Corp. and Newfield Exploration Co. sent a letter to landowners that notified them their leases are no longer in effect, according to the Northern Wayne Property Owners Alliance, which negotiated a master lease on behalf of more than 1,300 families and businesses. Two years after the initial leasing agreements were signed in 2008, the DRBC put a “moratorium” into effect, resulting in what amounts to a ban on fracking in those several PA counties near the river, including Wayne. The landowners now stand to lose the $187 million second phase payments.
“Extreme green” staffers of the Delaware River Basin Commission (DRBC) are purposely delaying adoption of gas drilling regulations, the head of a Pennsylvania property owners’ group said Tuesday, after the producers declined to renew a multi-million dollar lease agreement for the PA region’s Marcellus Shale acreage.
“The commission is allowing itself to be held hostage by the media and an emotion-driven, anti-drilling community made up mostly of people from outside our region and by activist staffers within the DRBC who are exercising their personal biases,” Bob Rutledge, executive director of the Northern Wayne Property Owners Alliance, said in a letter to the DRBC…..To Read More……

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