Pa. Landowner Sues Energy Cos. To Void Oil-Drilling Lease

Law360, New York (January 15, 2013, 5:23 PM EST) -- A western Pennsylvania landowner brought suit Monday in federal court seeking to void a lease with Sylvan Energy LLC and two Halcon Resources Corp. subsidiaries, saying the companies failed to meet a contractual deadline to start oil- and gas-drilling operations.

Plaintiff Paragon Resources LLC owns two parcels of land totaling 98 acres in the French Creek Township of Venango County in western Pennsylvania, which were leased to Sylvan in August 2009 by the parcels’ previous owner, Gage W. Allam, according to the complaint. The lease granted...
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