Denver Co Buys OH Wastewater Polluter D&L Energy for $20.7M

| | | |

now whatMDN has long chronicled the bad actions of Ben Lupo, the guy who directed one of his employees to dump thousands of gallons of frack wastewater down a drain that eventually ended up in the Mahoning River near Youngstown, OH (see Youngstown Business Dumped >200K Gal of Untreated Wastewater). The business that did the dumping was Hardrock Excavating, but because Lupo owns several businesses and because they’re all so intertwined together, another of his businesses, D&L Energy, got caught in the mess and ended up in bankruptcy (see OH Wastewater Dumper D&L Energy Gets Business Death Sentence).

For a time, the Ohio Dept. of Natural Resources would not let D&L sell off it’s assets (see D&L Wants to Sell Remaining Assets at Auction, ODNR Says No). However, they finally agreed to a plan for D&L to auction its assets and that happened last week. The U.S. Bankruptcy Court of the Northern District of Ohio approved the auction yesterday. Who bought D&L? And what does it mean for landowners who signed with D&L (the company owned over 30,000 acres of shale drilling leases)? Read on…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.