Attorney Steven Getman reports that Chesapeake Appalachia, L.L.C. will allow over 4,400 landowners who were locked into potentially unfavorable natural gas leases the opportunity to renegotiate with the energy company.
As part of the June 14 agreement, Chesapeake has agreed that landowners with leases that were extended because of the Department of Environmental Conservation's (DEC) environmental review into high-volume hydraulic fracturing, or "fracking," have the right to negotiate leases with other gas companies for more favorable terms.
Chesapeake had tried to extend the leases in 2009, claiming the state’s environmental review on shale gas development constituted an uncontrollable event that allows for a lease extension if an “act of god” or unforeseen circumstance prevents drilling.
The June 14 agreement allows landowners, who were under Chesapeake's force majeure contract claims, to be released.
In addition to the state’s review, a number of local communities in New York State have adopted moratoriums, temporarily prohibiting the practice in their towns, until a full environmental or zoning review is completed. Supporters of fracking see the potential for energy independence, new jobs and potential income for landowners. Opponents fear the process could cause environmental catastrophe.
Chesapeake admitted no wrongdoing as part of the settlement.
************
Steven Getman Attorney Franklin & Gabriel Law Office
Steven Getman County Assigned Counsel, 2008-2011
Steven Getman Seneca County Stop-DWI Coordinator, 2007
Steven Getman Seneca County Attorney, 2002-2007
Steven Getman Seneca County Social Services Attorney, 1995-2001
Steven Getman Attorney Midey & Swinehart, 1995-2001
Steven Getman Seneca County Public Defender, 1995
Steven Getman Seneca County Law Guardian Panel, 1992-1995
************
http://tinyurl.com/7t27nll
http://tinyurl.com/7olnrjl
http://tinyurl.com/6oxk5vo
http://tinyurl.com/72opsae
http://tinyurl.com/blv6t84