New Gas Lease Law Raises Forced Pooling Concerns

, The Legal Intelligencer

   | 1 Comments

Legislation recently signed into law by Governor Tom Corbett has come under fire by some attorneys and industry watchers for what they say is vague and overly broad language allowing natural gas drillers to pool properties into units without leaseholders' consent and to decide, with little oversight, how much the owners of those properties should be paid.

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What's being said

  • TruthinLeasing

    What has been proposed here is oil companies robbing the source and leaving all the responsibility to the land owners. There will be a fight in court over these issues. Pooling or no pooling, the lawyers will get rich!

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