Court Forces SWEPI to Pay PA Landowners $4.1M in Lease Dispute

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Gavel-falling.jpgThe U.S. District Court for the Middle District of Pennsylvania has sided with landowners in a dispute with Shell's shale drilling arm, called SWEPI (Shell Western Exploration Production Inc.). SWEPI signed a lease with two landowners who own a collective 1,036 acres in Lycoming County. SWEPI promised a $4,000 per acre signing bonus, but a few months after signing SWEPI decided they didn't want the acreage after all and tried to cancel the lease and the bonus payment. The judge ordered SWEPI to pay $2,072,000 to each of the two landowner families...

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