To me it looks like a long legal fight is on the way.... consider the "fifty year rule". IMO
".... Since gas had been stored for more than fifty years on the property, the leases were valid for both production and storage, even if production had not taken place, the email said.
"This important opinion for the holders of storage and production leases contrasts an earlier decision in another similar case by the district court, which found that gas had to be produced in order for the production rights to be held under the lease," the lawyers said.
As a result of the decision, Penneco's leases are of no effect and the wells that they drilled on the subject properties will be transferred to Dominion.
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