DEPARTMENT OF CONSERVATION AND NATURAL RESOURCES Execution of Oil and Gas Lease for Publicly-Owned Streambeds [45 Pa.B. 4251]
[Saturday, August 1, 2015]Effective June 22, 2015, an Oil and Gas Lease for Publicly-Owned Streambeds, Contract No. M-2102018-20, was executed by and between the Commonwealth of Pennsylvania, acting through the Department of Conservation and Natural Resources (Department) (lessor) and Inflection Energy (PA) LLC (lessee), with its principal place of business located at 1099 18th Street, Suite 3100, Denver, CO 80202-1908.
The lease is for Streambed Tract 2018, encompassing approximately 174 acres of submerged lands located in Eldred, Fairfield, Upper Fairfield, Gamble, Loyalsock, and Plunketts Creek Townships and Montoursville Borough, Lycoming County. A Memorandum of Lease was recorded at the Lycoming County Courthouse on July 1, 2015, book no. 8664, pages 45—48. The lease allows for the development of oil and natural gas below and between the ordinary low water marks of Loyalsock Creek solely by means of directional, including horizontal, drilling on a nondevelopment basis that will not disturb the river or its bed. Contract No. M-2102018-20 may be viewed online at http://contracts.patreasury.gov/View.aspx?ContractID=316576.
Questions regarding this lease should be directed to the Department's Bureau of Forestry, Minerals Division, (717) 787-2703.
CINDY ADAMS DUNN,
Secretary[Pa.B. Doc. No. 15-1414. Filed for public inspection July 31, 2015, 9:00 a.m.]
