Broome County will revisit the issue of who should have gas and mineral rights on properties sold at auction.

Republican legislator Julie Lewis announced a proposal will be on July 21 legislative agenda for consideration.

Currently, foreclosed properties with 5 acres or more are sold with surface rights only.

The proposal would have the county sell subsurface rights with those properties at auction.

It would also allow the county to make a one time offer to owners of properties previously sold without the gas and mineral rights. Read more »

Gas and oil drilling is a quickly growing industry, but Mahoning Valley landowners looking to capitalize should proceed with caution, according to a local lawyer and a nonprofit oil and gas leasing organization.

Many oil businesses, including Oklahoma City-based Chesapeake Energy Corp., one of the largest oil companies in the U.S., are using a newer tactic which, while perfectly legal, potentially could cost landowners thousands of dollars. Read more »

West Kirkland Mining Inc. and Rubicon Minerals Corporation have entered into an agreement whereby West Kirkland can earn a majority stake in mineral rights held by Rubicon covering approximately 351 square miles (909 sq. kilometers) in the Long Canyon Trend of north eastern Nevada, while allowing Rubicon to retain a significant interest in any future discovery. Read more »

Gas and oil drilling is a quickly growing industry, but Mahoning Valley landowners looking to capitalize should proceed with caution, according to a local lawyer and a nonprofit oil and gas leasing organization.

Many oil businesses, including Oklahoma City-based Chesapeake Energy Corp., one of the largest oil companies in the U.S., are using a newer tactic which, while perfectly legal, potentially could cost landowners thousands of dollars. Read more »