Date: Mon, 11 Jul 2011 18:18:43 -0400
From: Sam Groce
Subject: Thinking About Leasing Your Mineral Rights?
Event contact: Sam Groce, 919-542-8202
Thinking About Leasing Your Mineral Rights?
With the arrival of natural gas leases in Chatham County, landowners should acquaint themselves with how to critically assess mineral rights contracts and understand potential impacts of drilling on agricultural fields, water resources, timber, and personal property. Topics of discussion will include negotiating a fair mineral rights lease, potential impacts on land resources, and limiting landowner financial liabilities in contracts. The Chatham County Center of North Carolina Cooperative
Extension in conjunction with Rural Advancement Foundation International (RAFI-USA) will be conducting a program to help answer landowners questions about these issues.
Dr. Ted Feitshans, attorney and an Extension Specialist in the Agricultural and Resource Economics department at NCSU, will lead a presentation on how landowners can evaluate leases offered to them by drilling companies and determine the status of ownership of the mineral rights on their land. Dr. Feitshans is one of the few mineral rights experts in North Carolina, with extensive experience in environmental and agricultural law. Representatives from RAFI-USA, a farmer advocacy non-profit organization based in Pittsboro, will be present to help landowners with additional resources on natural gas extraction and information on legal supports available to landowners interested in signing a mineral rights lease. Following the presentations there will be a question and answer session for program participants.
This program will run from 6:30 – 8:30 p.m. on Tuesday July 19th, 2011 in the Auditorium of the Chatham County Agriculture building in Pittsboro, NC. For additional information you may contact the Chatham County Center of NC Cooperative Extension at 919-542-8202 or by e-mail at .
North Carolina State University and North Carolina A&T State University commit themselves to positive action to secure equal opportunity regardless of race, color, religion, creed, national origin, sex, age, disability, or veteran’s status. In addition, the two Universities welcome all persons without
regard to sexual orientation. North Carolina State University, North Carolina A&T State University, U.S. Department of Agriculture, and local governments cooperating.
Persons with disabilities and persons with limited English proficiency may request accommodations to participate by contacting Sam Groce, County Extension Director at 919.542.8202 or or in person at the County Extension Office at least 5 days prior to the event.”
Samuel E. Groce
County Extension Director
Administration, Community & Rural Development, Livestock & Forages
Chatham County Center, NC Cooperative Extension
North Carolina State University
Post Office Box 279
Pittsboro, NC 27312
Office 919-542-8202, Mobile 919-548-2220
webpage: http://chatham.ces.ncsu.edu/
e-mail:
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