Pa. County Strikes $8M Deal Allowing Gas Drilling Under Park

Law360, Philadelphia (March 18, 2014, 3:09 PM EDT) -- A county in western Pennsylvania on Monday unveiled a nearly $8 million deal allowing Range Resources Corp. and Huntley & Huntley Inc. to drill for natural gas beneath a public park.

Allegheny County Executive Rich Fitzgerald said that the deal negotiated by his administration guaranteed at least $7.7 million in new revenue in exchange for allowing the two energy companies to extract gas from below the nearly 1,200-acre Deer Lakes Park from drilling rigs located on adjacent parcels of privately owned property.

"I'm very proud of...
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.