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NY Landowners Sue Chesapeake & Statoilhydro Over Force Majeure Lease Extension | Marcellus Drilling News
A number of landowners in New York’s Southern Tier region (Broome and Tioga Counties) signed leases with gas companies in 2000 for peanuts, $3 per acre, long before shale gas drilling was discovered and used. The technologies of hydraulic fracturing and horizontal drilling have been around for decades, but it wasn’t until 2006 that the