Insights
Oil, gas and mineral rights - How courts are deciding issues about ownership
By Christopher F. Swing on 04/02/2014
As written in the April 2014 Smart Business News Akron/Canton
By Christopher F. Swing, Partner, Brouse McDowell, LPA
Ohio's shale gas region has slated capital projects valued at more than $12 billion, with the industry expected to add 66,000 jobs and $5 billion annually to the state economy starting this year, according to economists at Cleveland State University.
More than 3 million acres have been leased for drilling, with gas and oil companies pouring nearly $7.5 billion in bank accounts for the right to drill. The oil and gas industry, and the legal issues surrounding it, are going to have a profound economic impact on Ohio.
Click here to read the rest of the article.
By Christopher F. Swing, Partner, Brouse McDowell, LPA
Ohio's shale gas region has slated capital projects valued at more than $12 billion, with the industry expected to add 66,000 jobs and $5 billion annually to the state economy starting this year, according to economists at Cleveland State University.
More than 3 million acres have been leased for drilling, with gas and oil companies pouring nearly $7.5 billion in bank accounts for the right to drill. The oil and gas industry, and the legal issues surrounding it, are going to have a profound economic impact on Ohio.
Click here to read the rest of the article.
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