at the Citizen Power Alliance 2010 Wind Conference
Pa. to lease 74,000 forest acres for gas drilling
|One of Appalachia's largest landowners, Pennsylvania's state forestry agency, wants in on any windfall from drilling a potentially lucrative natural gas formation.|
More than 74,000 acres, or more than 115 square miles, in three north-central Pennsylvania state forests went up for bid Monday to natural gas companies that are in hot pursuit of the mostly untapped Marcellus Shale gas formation.
The state Department of Conservation and Natural Resources posted legal notices on Monday announcing the lease sale. The department had said earlier this year that it would allow new drilling to resume following a five-year moratorium, a decision that pleased exploration companies and angered environmental groups.
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