DEPARTMENT OF CONSERVATION AND NATURAL RESOURCES
Execution of Oil and Gas Lease for Publicly-Owned Streambeds
[51 Pa.B. 7248]
[Saturday, November 20, 2021]
Effective March 15, 2021, an Oil and Gas Lease for Publicly-Owned Streambeds, Contract No. M-2102042-11, was executed by and between the Commonwealth, acting through the Department of Conservation and Natural Resources (Department) (lessor), and BKV Operating, LLC (lessee), with its principal place of business located at 1200 17th Street, Suite 2100, Denver, CO 80202.
The lease is for Streambed Tract 2042 on the Susquehanna River encompassing a total of 198.5 acres of submerged lands located in Mehoopany and Washington Townships, Wyoming County. The lease was recorded at the Wyoming County Courthouse on August 8, 2021, Instrument No. 2021-2921. The lease allows for the development of oil and natural gas below and between the ordinary low water marks of the Susquehanna River solely by means of directional, including horizontal, drilling on a nondevelopment basis that will not disturb the river or its bed. Contract No. M-2102042-11 may be viewed online at https://patreasury.gov/transparency/e-library/ContractFiles/613585_M-2102042-11%20-%20BKV%20Operating%20LLC%20Streambed%20Lease%2003_15_2021.pdf.
Questions regarding this lease should be directed to the Department's Bureau of Forestry, Minerals Division, (717) 787-2703.
CINDY ADAMS DUNN,
[Pa.B. Doc. No. 21-1926. Filed for public inspection November 19, 2021, 9:00 a.m.]
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