Case With Vast Implications for Oil, Gas Industry Coming to Youngstown

Class-action lawsuit could affect hundreds of Ohio property owners

By Jamison Cocklin

The 7th District Court of Appeals in Youngstown is expected soon to hear a class-action lawsuit that could affect hundreds of property owners in Ohio angered by long-term oil and gas leases that lock up their land.

For some time now, courts across the state have heard from landowners who say restrictive oil and gas leases signed for as little as $50 per acre before the Utica Shale boom have prevented them from pitching their land to larger companies — offering leases for thousands of dollars per acre with a chance to earn lucrative royalties if their mineral rights are put into production.

 

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