Huntingdon County, Pennsylvania, Lawyers Assisting With Marcellus Shale Gas Leases
Large deposits of Marcellus Shale have been discovered deep below the surface of Huntingdon County, Pennsylvania. New technologies exist to extract natural gas, a coveted resource, from these deposits. Gas and oil companies recognize the value in Marcellus Shale and are now attempting to lease people's land to obtain access to these deposits. The question arises — are these oil and gas lease agreements fair to property owners?
Landowners need to protect themselves from gas and oil companies looking to gain every dollar possible at their expense.
At Ody & Wilson, we provide skilled and dedicated representation to Huntington County residents who own property with Marcellus Shale deposits. Our attorneys can help negotiate a fair gas lease for your property. Contact us to arrange a free consultation.
Minimizing Tax Liabilities
Once you have signed a gas lease, we will help you establish a plan to minimize your tax liabilities. This will allow you to pass along the money from future lease payments and royalties to your heirs at a lower tax rate. We can also help you establish a corporation, limited liability partnership or other business entity to own the gas lease and gas rights on your property. This may also help to minimize taxes and liability for you in the future and to make it easier to transfer assets to your family.
Contact Us for a Free Consultation
If you are fortunate enough to own property that contains a deposit of Marcellus Shale, you need to be certain that your rights are fully protected. Don't allow gas and oil companies to pull the wool over your eyes. E-mail us or call 814-643-1700 / 866-624-9036 to schedule a free consultation.
