Saturday, July 18, 2009

Taking a Swing at the King

The Centre Daily Time, an already  weak paper, has been weakened further by the financial crunch facing most newspapers today. Consequently it is unlikely that the paper will report on this story with a local connection. Therefore I bring it to you.
Ten Westmoreland County landowners claim in eight civil lawsuits that they are owed millions of dollars by a State College-based energy company that agreed to lease their properties to tap into the natural gas-rich Marcellus Shale seam, only to back out of the contracts when energy prices plummeted.
The most recent filing was a class-action lawsuit on July 10 against Rex Energy Corp. in Westmoreland County Common Pleas Court....
The chairman of the board and founder of Rex Energy is Lance Shaner.

Technorati Tags: , , ,

Powered by ScribeFire.

No comments: