Gas & Oil
Everyone has heard about Marcellus Shale in Western Pennsylvania. The local news is full of stories about the pros and cons of this modern day "goldrush" as landmen reach out with pre-drafted lease agreements holding
Gas Drilling Site
promises of bonuses and royalties.
What does this all mean to a landowner?
The decision to enter into a leasing contract with an energy company is one of the most important decisions you and your family will make. It can result in life changing financial conditions. It can, however, also impact your property and land if you do not ensure you have negotiated certain protections into the lease agreement via a properly drafted and agreed upon addendum to same.
Knowledge concerning your land, many times your neighbor's land, the competitive current bonus and royalty rates and the rights you give away via blanket signing a "standard lease" versus rights you can protect via insisting upon the inclusion of an addendum are absolutely critical to your decision-making when faced with a lease offer.
Crist Law Center's Gas & Oil Landowner Representation practice area provides a wide variety of legal services for the landowner and his/her family. Indeed, the Marcellus shale gas play in Western Pennsylvania has effected our law practice wherein we have seen it come into play in serious ways in our more traditional practice areas such as domestic relations, real estate, and estate planning. We anticipate as time move on that our civil litigation practice will also be impaced with oil & gas landowner related matters.
If you are a landowner and have been approached by a landman offering you an standard industry lease for signature please reach out to us for a free consultation at 412-343-3607 or reach attorney Crist directly at firstname.lastname@example.org Please reach out to us also if you have already signed a lease and have concerns and questions including: property impacts, questions about the lease you signed, renegotiation questions, estate planning needs or equitable distribution/divorce concerns.
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