Oil and gas leases being signed across Barry County

The Hastings Banner

Since December, people with job titles of “independent landmen” from companies with names such as Pteradon Energy, Michigan Basin Resources, Bishop Land Service and West Bay Geophysical have been canvassing Barry County selling oil and gas leases. 

But state officials and lawyers are warning sellers to beware of unknown details in the agreements they sign and of possible dire environmental consequences from their decision to sell.

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Pa. Landowners Feel Cheated By Royalty Payments From Fracking

All over Pennsylvania, people have been signing natural gas leases, knowing that they are legally entitled to a certain cut of money from the driller. State law sets the minimum royalty payment at 12.5 percent. But in Bradford County, some landowners think they're being swindled.

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