Court Tells Dimock PA Residents to Share Medical Records
A group of more than 60 residents in the Dimock, PA area sued Cabot Oil & Gas in 2009 claiming they had been exposed to pollution as a result of hydraulic fracturing in the area. The lawsuit wants Cabot to pay for medical monitoring as part of the settlement, but they refused to allow Cabot access to their medical records in order to verify their claims. Last week a court told the claimants if they want Cabot to pay, they will have to share their medical records.
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Central and northwest Pennsylvania saw record-breaking amounts of rainfall from Tropical Storm Lee, and massive flooding along with it. It brought devastation to a wide area of Pennsylvania. Although some accuse the Marcellus drilling industry of only being in it for the buck, a number of drillers stepped up to the plate to help with flood relief.
A court case in Pennsylvania may have a chilling effect on Marcellus gas drilling in the state even before it’s finally decided. This is a bit complicated, so buckle up! And be sure to read this post if you own land in PA.
Good question, and one that Brandon Otis, a CPA and valuations specialist with Alpern Rosenthal, an accounting advisory firm, addressed at a recent meeting in Pittsburgh. Otis has done research on 384 Marcellus wells in Susquehanna County, PA and has come up with a list of criteria for determining value. Among the criteria he uses: