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WVU Extension offers workshops to help property owners renegotiate oil and gas leases

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The West Virginia University Extension Service is offering assistance to property owners faced with renegotiating or renewing their natural gas leases.

A free program, "Understanding Renegotiation and Renewal of Natural Gas Leases," will be offered at 6 p.m. Tuesday, July 22, at West Virginia Northern Community in Wheeling, West Virginia, and at 6 p.m. Thursday, July 24, at the Doddridge County Park in West Union, West Virginia.

With gas leases on the mind of property owners across the state, WVU Extension Service’s Oil and Natural Gas Team aims to provide unbiased programming based on expertise and knowledge to help the citizens of West Virginia make informed decisions about the natural gas industry.

A question-answer session will follow both meetings.

“With many of the early Marcellus leases signed 3-5 years ago expiring or about to expire, it is important for mineral and landowners to understand the intricacies of negotiating new leases or renewing existing leases to maximize their benefits and protect their assets,” said Doddridge County Extension Agriculture Agent Dave Snively. “We want to educate people about all the variables involved so they can reach a decision about what is best for their situation.”

Eric Gordon, a lawyer with experience in writing and negotiating natural gas leases from the Berry, Kessler, Crutchfield, Taylor and Gordon law firm, along with experts from the WVU Extension Service will be on hand to discuss the opportunities and challenges posed by the growth and development of the region’s gas industries.

For directions to the Ohio County program contact WVU Extension Agent Norm Schwertfeger at 304-737-3666, while those requiring directions to the Doddridge County Park should contact Snively at 304-873-1801. For more general information about the program, contact Georgette Plaugher at 304-329-1391, visit anr.ext.wvu.edu/oil_gas or contact your local office of the WVU Extension Service.