We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Chesapeake In Talks To Drop Some Embattled NY Gas Leases

Law360, New York (August 7, 2013, 2:50 PM EDT) -- A unit of Chesapeake Energy Corp. is in negotiations to possibly release some of the natural gas drilling leases held by New York landowners who have been fighting for the right to renegotiate them at more favorable terms, a source told Law360 on Wednesday.

The leases at the center of the talks represent only a small percentage of the thousands that Chesapeake Appalachia LLC has been attempting in recent years to extend on original terms, according to a source close to the deal. Negotiations are ongoing,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.