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Tag Archives: tug hill operating

Owners of gas rights gain leverage through groups

When friends Ethan Ward and Kathleen Wright Croft successfully negotiated a group gas-drilling lease with fellow property owners in Washington County, they heard one question from neighbors: “How can I start a group?” “Large groups have a lot of power,” said Ward, a Donegal farmer and district judge who helped negotiate seven leases between land groups and gas companies ranging ...

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Penn. and W. Va. landowners settle on group lease agreement

A group of landowners from Pennsylvania and West Virginia have reached a joint oil and gas lease deal worth over $100 million, reports the Pittsburgh Business Times. One of the lawyers negotiating the deal for the landowners, Jonathan Turak, said in a statement, “This agreement represents the culmination of many months of hard work on our team’s part to deliver ...

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W.Va. mineral owners group, driller agree leases

MOUNDSVILLE, W.Va. — A group of mineral owners in the Northern Panhandle will receive more than $100 million from Marcellus Shale lease agreements with a drilling company. The mineral owners could receive more money from Fort Worth, Texas-based Tug Hill Operating in the future from production royalties, which would be in addition to the upfront lease payments, said Jonathan Turak, ...

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