Eastern Ohio Landowner Group Nears Deal for Marcellus Lease – Terms Include $3,700 per Acre, 17.5% Royalty

July 18, 2011July 18, 2011

A group of landowners with 20,000 acres in Jefferson County and Harrison County, in eastern Ohio, is nearing a lease deal to allow Marcellus Shale drilling. One of the energy companies in the final bidding is XTO Energy (now a division of Exxon Mobil).

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