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Legislature introduced to increase royalties from forced itergration

Assemblywoman Lupardo just introduced legislation to increase the royalties for integrated owners in the Marcellus Shale region in New York. Below is a link to the bill (A.10956).
Senator Valesky's office has indicated that they will be introducing it in the Senate as well.


There are 194,500 acres represented in the Coalition as of 8/18/2010. The latest gas offers in New York State are $3000/acre with 20% royalties.

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