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CVLG To Give Information On Drilling Leases

Feb. 23, 2012

The Casselman Valley Landowner Group (CVLG) will hold informational sessions on Saturday, Feb. 25, from 10 a.m. to 7 p.m. at the Salisbury Volunteer Fire Department, Salisbury, Pa. Anyone who owns one or more acres of oil and gas rights will have a final opportunity to join the group that day. Informational sessions will be held hourly, and refreshments will be served.

The CVLG has been holding regular meetings in Salisbury since November. Landowners have expressed a strong interest in leasing property for Marcellus Shale drilling in recent meetings in southern Somerset County.


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Landowners with 10 or more acres in Garrett County are invited to attend to get more information, as Shale Marketers is interested in starting groups in Maryland in the near future.

Property owners in the Somerset County townships of Addison, Black, Elk Lick, Greenville, Larimer, Milford, Southampton, and Summit have thus far shown a committed interest in leasing over 15,000 acres of land for drilling purposes, according to Jack Polochak, an attorney representing the Casselman group.

The group has been organized by Shale Marketers, a marketing group representing clients who are interested in leasing their gas and oil rights to energy companies.

Richard Vickroy, the land group manager for Shale Marketers, noted that the more property owners combine efforts and acreage, the easier it is to negotiate an agreement with a prospective company.


More here.

Buying or selling real estate in Garrett County or Deep Creek Lake, Maryland? Call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!

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