Belmont County, OH Waiting for $3M Lease Check from Rice Energy
In early October MDN told you Rice Energy had cut a deal with Belmont County to pay the county a $7,500 per acre signing bonus, more than the $5,900 per acre it promised to private landowners in the area (see Rice Pays Belmont County Higher Signing Bonus than Landowners). The lower per acre no doubt rankled some landowners--but many of them already have their money. So far, the county does not.
When will Belmont County get its $3 million check from Rice Energy? Because they really need it...
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