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Old 01-31-2009 | 09:22 PM
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mikepsu54
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Joined: Sep 2007
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From: State college PA
Default RE: PA- Just cant figure this one out?

Approved two separate oil and gas leases that were won by competitive bid to the highest bidder, which was Chesapeake Energy Appalachia, LLC, of Charleston, West Virginia. Both leases are in Bradford County, being portions of State Game Land 289, containing 1,529 acres in West Burlington Township, and State Game Land 250, containing 443 acres in Terry Township. Royalty rates will be greater than 20 percent and provide accumulated rental values in excess of $1.9 million, as well as provide the agency free gas usage, well location fees, and protect the recreational and wildlife habitats of the SGL through varied surface use restrictions; and

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