Monday, November 10, 2008

Haynesville Shale: Bossier City Resiedents Sue!

The Haynesville shale is getting interesting, Natural Gas Prices have plunged, and Developers are taking advantage of Residents.

Residents of the Bossier City neighborhood Southgate Estates are suing their developer, accusing the company of retaining their mineral rights and not including that information in the deeds.

In Louisiana, like other states, property rights and mineral rights can be purchased separately. Even after a home is sold, the seller can still retain that property's mineral rights.

Full Article -