Fed Court Says WV Driller Doesn’t Have to Produce Gas to Keep Lease

We spotted a write-up on a recent court decision coming from the U.S. Court of Appeals for the Fourth Circuit in which a West Virginia landowner had a signed Marcellus lease requiring PetroEdge (later Statoil) to drill three wells on or under their property. And yet the courts have sided with the driller, essentially allowing the driller to wiggle out of the terms of the lease.
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Drilling Company CEOs Talk up WV Marcellus Shale at IOGA Meeting

The heads of several drilling companies spoke this week at the West Virginia Independent Oil and Gas Association (WV IOGA) in Charleston. They gushed with praise for the Marcellus Shale in West Virginia.

Among the speakers were the CEOs of Gastar, PetroEdge and EnerVest. A few of their comments:

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