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Md. AG looks to protect landowners from natural gas speculators

BY JESSICA M. KARMASEK

ANNAPOLIS, Md. (Legal Newsline) — Maryland Attorney General Douglas Gansler announced this week a campaign aimed at protecting landowners in western Maryland from what he calls “high-pressure sales tactics” by natural gas drilling speculators.

Speculators are seeking to obtain mineral rights in the Maryland portion of the Marcellus Shale, a large underground rock formation stretching from upstate New York to southwestern Virginia.

The region is rich in natural gas deposits — estimated to contain 250 to 500 trillion cubic feet of the valuable energy resource.

Landowners whose properties sit above the Marcellus Shale should know their legal rights and potential risks from leasing their land to energy companies interested in drilling for natural gas using the process known as hydraulic fracturing or “fracking,” Gansler said Tuesday.

More here.

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