NY Landowners Sue Chesapeake & Statoilhydro Over Force Majeure Lease Extension
A number of landowners in New York’s Southern Tier region (Broome and Tioga Counties) signed leases with gas companies in 2000 for peanuts, $3 per acre, long before shale gas drilling was discovered and used. The technologies of hydraulic fracturing and horizontal drilling have been around for decades, but it wasn’t until 2006 that the two were combined to tap shale gas.
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Maryland’s Attorney General, Douglas F. Gansler, has filed an “intent to sue” on Chesapeake Energy because of the accidental spill of fracking fluid in April in Leroy Township, PA (