Wolf Creek School District Leases to PDC Energy for $3K-18%

July 10, 2012December 19, 2012

At a Monday meeting, the Wolf Creek Local Board of Education in Waterford (Washington County), OH voted to lease the mineral rights under school district property for Utica Shale drilling to PDC Energy. The lease terms are $3,000 per acre signing bonus and 18% royalties. School district officials, however, do not want any active drilling on the property—only underneath the property.

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