“Landowners in Broome and Tioga counties, who had leased acreage to Chesapeake over the past decade, had battled the pioneering oil driller in court to prevent it from extending the leases under their original terms, many of which were agreed to long before a boom in hydraulic fracturing swept the United States. ‘I can renegotiate with other companies now,’ said Frank Laskowski, who owns land in Broome County. ‘Before that we were tied up with Chesapeake at $3 an acre and 12.5 percent. Most people are getting much more than that.’ One landowner in Broome County said he now hoped to secure up to $3,000 an acre.”

http://www.rawstory.com/rs/2013/08/06/chesapeake-energy-drops-legal-fight-over-fracking-leases-in-new-york-state/

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