JUST ADD WATER
A few years ago, my parents faced an unexpected choice.
Chesapeake Energy called them with an offer. The company wanted to drill for natural gas underneath 102 acres of land they owned with some friends in north central Pennsylvania. Would they be interested in signing a lease? The offer was $400,000 up front, plus royalties on any gas unearthed from the ground. It was an astounding amount of money for terrain...