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Wednesday, June 4, 2014

Jefferson County Landowner Loses Court Battle Against Hess; Settlement Coming For Others?

From Shale Gas Reporter:
Court battle 
Cameron lost the court appeal mainly because the judge ruled the lease could be subject to two or more reasonable interpretations and because Cameron cashed a check for delayed rentals. 
Christopher Gagin, Cameron’s lawyer, said Cameron had a tractor that needed repaired and he needed the money to keep farming. 
However, the District Court interpreted that cashing the check meant Cameron granted an extension of the lease on his land. 
Hess pleased 
“The Court correctly ruled that Hess’ lease with the mineral owner is valid,” said John Roper, senior manager for onshore communications for the Hess Corporation, in an emailed statement. “This ruling is well supported under Ohio law.”
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