Experts on mineral rights and other aspects of energy exploration will discuss the ins and outs of negotiating land leases tonight at a workshop in Durham.
The fracking event will be held at 6 p.m. at the Durham County Extension Office at 721 Foster Street. It's free to the public.
Fracking refers to hydraulic fracturing, a technology used in conjunction with horizontal drilling to tap into underground natural gas deposits trapped in shale rock formations. North Carolina is believed to have about 40 years of shale gas around Lee, Chatham, Moore and other central counties.
Such drilling practices are not currently legal in this state but they are likely to be debated by the state legislature.
Speakers will discuss legal considerations and other factors to consider when negotiating a lease, among other related topics.
John Murawski has been a full-time newspaper reporter since 1991, with stints at Legal Times and The Chronicle of Philanthropy (both in Washington, DC), The Philadelphia Inquirer and The Palm Beach Post (in South Florida) before arriving at the N&O in December 2004. At the N&O he covers energy (nuclear, coal, renewable, efficiency), hydralic fracturing (or "fracking"), public utilities (both electric and natural gas) and health care. His beat includes Progress Energy, PSNC Energy, Piedmont Natural Gas, PowerSecure International, GlaxoSmithKline, Merck, Novo Nordisk, Pfizer, Biogen Idec and others. You can reach him at 919-829-8932 or
Comments
fracking
Mon, 01/30/2012 - 18:48 — shakenbake688Fracking is bad for the simple reason that the chemical used could taint groundwater for decades. The chemical cannot be tested throughly becasue the makeup of the chemical is a propritary trade secret. For all we know, it could contain PCBs. Short term, investors will take the money and run. Long term, birth defects can occur. The company will have long been shut down. No one to sue, no $.
Fracking Disccussion
Mon, 01/30/2012 - 15:15 — henryeI do not remember seeing Mineral Rights on any Deed Transfer in North Carolina that I had dealings with However after being transferred from Chicago to Georgia, I did encounter such restrictions..That really could open up a can of worms for the present owners. Today I would not Sign a Deed with those rights on it..Once property is transferred all rights should belong to the owner. Although the property I bought in Georgia was close to former gold mines..