Friday, October 10, 2008

New publication

Penn State has developed a new publication on natural gas leasing. The publication is titled, "Natural Gas Exploration: A Landowner's Guide to Leasing Land in Pennsylvania."


The guide describes lease components, including language, length, payments, surface/subsurface rights, storage, pipelines and parties involved.

The guide also contains a question/answer section.

At http://naturalgaslease.pbwiki.com/Publications, Penn State also provides a sample lease courtesy of the National Association of Royalty Owners.


According to the NARO Web site, the organization's mission is to, "Encourage and promote exploration and production of minerals in the United States while preserving, protecting, advancing and representing the interests and rights of mineral and royalty owners through education, advocacy and assistance to our members, to NARO chapter organizations, to government bodies and to the public."

NARO is located at, http://www.naro-us.org/index.cfm?pageID=1&rnm=0.689520675843