Friday, September 16, 2011

Key Word Is "Unique" -- Talk About a Mess -- Pennsylvania -- Marcellus

In the category of "it ain't over, until it's over, " this is one for the books:

The superior court in Pennsylvania has ruled that methane gas may belong to owners of the coal rather than those who own mineral rights to Marcellus natural gas.
Under Pennsylvania’s nearly unique position that coalbed methane is owned by the owner of the coal, could cause some companies to defer drilling on parcels that rely on any application of the Dunham ruling.
This will help natural gas price stability. Makes the Utica look even better.

No comments:

Post a Comment