So, not surprisingly, our newly elected governor of Pennsylvania, has banned any new drilling on State Land. Is this a good thing for folks that own land bordering State Land? Does it make neighboring properties more valuable?
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In my opinion it would only make the properties more attractive to the gas companies if they are large enough to contain a drilling unit without the inclusion of any state land, which is usually 640 plus/minus acres. So those bordering state land with small parcels are pretty much out of luck unless they already have leases in force on which drilling activity has already begun.
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