Extension summer series focuses on shale gas options
Tuesday, June 5, 2012
PITTSBURGH — Penn State Extension is offering the series “Allegheny County Shale Gas Summer Series: Beyond Marcellus” Tuesday evenings, from 7 to 9 p.m., beginning June 26 and meeting every other Tuesday through Aug. 21. The series will be held in Oakland, at Rodef Shalom Congregation-Levy Hall, 4905 Fifth Ave., Pittsburgh, PA 15213.
Presentations and discussions will focus on the environment, regulations, business and employment opportunities, the infrastructure needs of the natural gas industry and how it might affect communities.
Schedule
The topics are scheduled as follows:
June 26 Marcellus & Beyond: Business Voices of Experience.
July 10 Marcellus & Beyond: Environmental Voices of Experience.
July 24 Marcellus & Beyond: Legislative Voices of Experience.
Aug. 7 Marcellus & Beyond: Workforce Voices of Experience.
Aug. 21 Marcellus & Beyond: Infrastructure Voices of Experience.
Cost
Pre-registration is required and is available online at http://agsci.psu.edu/shale-gas-marcellus. Interested individuals can register to attend the entire series for $60; or for individual sessions at $15 each.
For additional information or to register using a check/money order please contact the Penn State – Allegheny County Extension office at 412-473-2540.
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Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.