Carroll County Commissioners Agree to Oil & Gas Lease on Land They Didn't Know They Owned
From the Free Press Standard's summary of the recent meeting of Carroll County's commissioners:
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-APPROVED an oil and gas lease with Chesapeake Energy for 2.4 acres of land the county owns in Perry Twp with a $5,000 per acre bonus payment and royalties of 18 percent of the net for any gas and oil produced from the property. Commissioners noted they were not aware the county owned the land; Chesapeake brought it to their attention. The land is located in the Maple Valley Subdivision.Read the rest of the article here.
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