Stoltz of Coudersport, PA

Howards, Inc.

J & J

J&J Auto Coudersport
J&J Auto Coudersport

Howard's Inc.

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Monday, February 13, 2017

A Pennsylvania landowner challenged his gas royalty deductions — and won

by Laura Legere: llegere@post-gazette.com.

TUNKHANNOCK TOWNSHIP — For more than four years, the natural gas company tapping the Marcellus Shale beneath Paul Sidorek’s 150-acre property in rural northeastern Pennsylvania took deductions for preparing and shipping his share of the gas. The deductions reduced his royalties by $5,000 a month, sometimes more.

Mr. Sidorek, an accountant, contested the charges and in September, the arbitrator who heard the case agreed with him.

The wells’ operator, Chesapeake Energy Corp., had breached the terms of the lease agreement, the arbitrator found. He ordered the Oklahoma-based company to repay all of Mr. Sidorek’s past deductions and to stop taking them in the future.

“To hold otherwise would be to render the express language of the lease prohibiting such deductions a nullity,” he wrote.

The arbitrator’s decision applied only to Mr. Sidorek’s case and it does not set any legal precedent for other landowners with similar gas leases fighting similar deductions. But for the sizable and increasingly vocal community of Pennsylvania gas leaseholders who feel they are being cheated out of their fair share of gas sales from their land, the victory signals that the fight to recover their losses can be won.

“Chesapeake is not even reading the leases when they take those deductions,” Mr. Sidorek said at his sparse office in Wyoming County. “They are imposing it whether it’s applicable or not.”

“My point is people should stop complaining and just take it on.”

Left with $0 or less

More than 4,000 Pennsylvania landowners are likely being harmed by unfair practices and inflated deductions by Chesapeake and its affiliates, officials with the state Attorney General’s office...Read more.....

5 comments :

Anonymous said...

NICE, a small guy rose up against an industry giant and won. #wethepeople

Anonymous said...

Greed!! Some people have to have more!!

Anonymous said...

Whats right is right 09:38 What if it was you my friend? #fairandequal

Anonymous said...

This unrealized 5,000. Wasn't even noticed, if so, how many thousands and thousands of dollars are involved in each Well? Money talks all over this industry and we pay for the contamination produced while pockets are linked from start to finish!

Anonymous said...

Money becomes their idol, money is the root of all evil........and their nasty, greedy little sin becomes exposed......