Energy

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Babst Calland: Pa. House Panel Approves Bill To Reform Guaranteed Minimum Royalty Act
Posted on 28 Mar 2014 by Babst Calland

By Elena L. Rorabaugh As reported by legal news website Law360 , a Pennsylvania bill was approved by the House Environmental Resources and Energy Committee that would amend the Guaranteed Minimum Royalty Act of 1979 (GMRA) and will move to the House... Read More

Babst Calland: Pennsylvania Oil and Gas Lease Act Signed Into Law, Addresses Joint Development
Posted on 18 Jul 2013 by Babst Calland

On July 9, 2013, Governor Corbett signed into law Senate Bill 259, also known as the Oil and Gas Lease Act (Act), amending the Guaranteed Minimum Royalty Act. In addition to providing new rights and requirements as to payments resulting from the production... Read More