Harrison County, OH Leases 357 Acres to CBM Ohio for $5K/19%

CBM Ohio, a company that until now has concentrated on producing coalbed methane (hence the name), is venturing into producing natural gas from the Utica Shale.

CBM’s first Utica foray comes in leasing 357 acres of county-owned land in Harrison County, OH. On Wednesday, Harrison County officials signed a lease with CBM for $5,000 per acre signing bonus and 19% royalties…

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