Monday, September 20, 2010

Inflection Energy Offers up to $2,750 an Acre with 20% Royalty Payments in Broome County, NY

BINGHAMTON -- Broome County officials are set to announce today a new $7.8 million offer for the mineral rights to about 3,200 acres of county-owned land for natural gas extraction.

The offer is from Denver-based Inflection Energy LLC, the same company that made a July offer to the county that was ultimately rebuffed.

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