Report: Thousands are receiving far less money than they were promised by energy companies to use their properties. Some are being paid virtually nothing.
Abrahm Lustgarten, PROPUBLICA POSTED: Tuesday, August 27, 2013, 11:00 PM
on Feusner ran dairy cattle on his 370-acre slice of northern Pennsylvania until he could no longer turn a profit by farming. Then, at age 60, he sold all but a few Angus and aimed for a comfortable retirement on money from drilling his land for natural gas instead. It seemed promising. Two wells drilled on his lease hit as sweet a spot as the Marcellus shale could offer – tens of millions of cubic feet of natural gas gushed forth. Last December, he received a check for $8,506 for a month’s share of the gas. Then one day in April, Feusner ripped open his royalty envelope to find… Read more at http://www.philly.com/philly/business/Frackers_.html
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