Archive for February 17th, 2011

Broome County, NY Landowners Sue Energy Companies that Try to Extend Expired Leases with “Force Majeure” Clause

Many landowners in the Broome County, NY area who signed gas leases years ago are now receiving letters from the energy companies holding those leases that the landowner is “locked in” to the terms of the lease even though the original term has now expired. Why? The legal term is “force majeure,” which roughly means […]

Free Bus Ride from Binghamton Area to DRBC Hearings in Liberty, NY on Feb 22 for Pro-Gas Supporters

MDN received the following email from the Joint Landowner Coalition of New York, offering free bus rides to the Delaware River Basin Commission (DRBC) hearings scheduled for Tuesday, Feb. 22 in Liberty, NY. Pickup locations include Binghamton, Windsor and Deposit, NY. The hearings are to accept public comments on the DRBC’s draft regulations that will […]

India’s RIL Loses Bidding War for Atlas Energy – $4.3 Billion Deal with Chevron Goes Forward

India’s largest private sector company, and one of the world’s largest energy companies, Reliance Industries Limited (RIL), lost its bidding war with Chevron to buy Atlas Energy.

Westmont Resources Sells Gold Mines to Pursue Bigger Pot of Gold in the Marcellus Shale

Westmont Resources, an independent oil and gas production company with headquarters in Bellevue, WA, just sold off their Canadian gold mining properties so they can concentrate on oil and gas drilling in the U.S., particularly in the Marcellus and Chattanooga Shale plays.

 

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