Mouse Over to Stop Rotation & Read Ad

Thursday, February 26, 2015

With Home Rule Case Won, Beck Energy May Pass on Drilling Well at Center of Dispute

From Columbus Business First:
Now that the case is over, the company at the center of a widely watched dispute over state versus local drilling regulation might not even go ahead with the well in question. 
In 2011, Beck Energy Corp. was prepared to drill a natural gas well on leased residential land in Munroe Falls. The city near Akron sued, saying the well violated local zoning ordinances, leading to court fights that went up to the Ohio Supreme Court. So, victory in hand, the Ravenna-based company can start drilling, right? 
"It needs to first of all determine if it makes economic sense to drill those wells," said John Keller, the Vorys Sater Seymour and Pease LLP attorney who argued Beck's case in front of the court. "Prices have gone down since they first proposed this."
Click here to read more.

Connect with us on Facebook and Twitter!

No comments :

Post a Comment

Follow by Email