Please watch at: Fleased Forum on Gas Lease Termination
Presentations covered a
range of topics including the implications of gas leases on insurance coverage,
property uses, and mortgages; how mineral right deeds mean you are permanently giving up your mineral rights; how Norse’s Chapter 11 bankruptcy filing affects
the leases they currently hold; how lease assignments (sales) impact current leases;
what the recent force majeure decision in Binghamton means for expired or
soon-to-expire leases in Chenango County and how to terminate a gas lease after
the primary term (actions must be taken to truly expire leases, even if they
are decades old).
