Chesapeake Loses $3-an-acre Leases in Settlement The natural-gas rights to 13,000 acres of land will be released and a legal appeal will be dropped as part of a settlement Monday between a major energy company and 200 Southern Tier landowners. The agreement between gas giant Chesapeake Energy and the property owners puts an end to three years of legal wrangling over a set of mineral-rights leases that had been set to expire in 2010. Share:
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Many people, including me, have, in the last few days, been quoting from the recently released IHS report entitled America's New Energy Future: Manufacturing Renaissance Report, which produced some pretty astounding data regarding the impact of unconventional oil and gas production on household incomes. The report indicates the following, for example...
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