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Tuesday, September 24, 2013

Leaseholders Urged to Give Attention to Chesapeake Settlement

From StateImpact Pennsylvania:
A group representing Pennsylvania mineral owners says Chesapeake Energy leaseholders should pay very close attention to news of a recent $7.5 million class action settlement.
The agreement still needs to be approved by a federal judge, but if that happens, letters alerting landowners will be mailed throughout the state.
The deal could affect more than 1,000 Chesapeake leaseholders.
Anyone who ignores the letter will be automatically made part of the class and gives up the right to pursue future royalty claims against Chesapeake.
Read the whole article here. 

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