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The Implied Covenant to Market vs The Shut-In Royalty Clause
Imagine you own 145 acres of leased land. After months of inactivity,…
ContinueAdded by Keith Mauck (Site Publisher) on March 21, 2013 at 3:00am — No Comments
The implied covenant to market gas vs. the shut-in royalty clause: How long can the well be shut-in?
This is a familiar but troubling issue for a growing number of landowners throughout the Marcellus Shale fairway. Imagine you own 145 acres in Tioga County, Pennsylvania. You sign a lease with a modest signing bonus in 2007. You soon realize that your signing bonus is…
ContinueAdded by Keith Mauck (Site Publisher) on March 20, 2013 at 3:18am — No Comments
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