Gas Interests Back Cabot In 3rd Circ. Pa. Lease Challenge

Law360, Philadelphia (December 17, 2012, 2:32 PM EST) -- Major backers of natural gas drilling Friday asked the Third Circuit to take up a case in which Cabot Oil & Gas Corp. sought to extend a gas lease after a Pennsylvania landowner unsuccessfully sued to break it, arguing that the issue affects every oil and gas operator across Pennsylvania.

In an amicus brief, the Marcellus Shale Coalition and the Pennsylvania Independent Oil and Gas Association, along with two gas companies, contended that the issue of leases effectively cut short by pending lawsuits is costing the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.