Understanding Units and Managing Bonuses and Royalties

LAPORTE -- Penn State Cooperative Extension will be holding a workshop, “Marcellus Shale – Understanding Units&Managing Bonuses and Royalties” on Saturday, February 27th, 2010 at the Sullivan County High School, Beech & South Streets, Laporte, PA in the auditorium.   The meeting will start at 9:30 AM and end at approximately 12:00 noon.  Speakers include Extension, legal, and financial management experts who will discuss the issues on the Marcellus shale economics, royalty payments, and money management.  Topics will include how to read your royalty check, financial arrangements to optimize retained income and investment planning.

Please contact the Sullivan County Extension Office to register to attend at (570) 928-8941.  Participants will have a greater understanding of the financial issues involved following the drilling of a gas well.   This program is intended to inform you of the needs to address as a landowner with property held within the Marcellus Shale after signing a lease.

Penn State encourages persons with disabilities to participate in its programs and activities.  If you anticipate needing special accommodations or have questions about the physical access provided, please contact Mark Madden at (570) 928-8941 in advance of your participation or visit.  

Financial service providers interested in sponsoring the meeting and erecting a display table at the site should contact the Extension office as soon as possible.

“This program is for educational purposes only and is not intended to be legal advice.  Consult an attorney”

For More Information, contact:

Mr. Mark Madden

Penn State Cooperative Extension, Sullivan County

9219 Rte 487, Ste A

Dushore, PA  18614