Rose Valley drilling

[Stonecat]

http://www.sungazette.com/page/content.detail/id/577065/Plans-to-drill-at-Rose-Valley-Lake-gets-OK.html?nav=5011 Didn't think the Fish Comm.actually owned that much land around the lake also surprised at  Friends of Rose Valley non-reaction.

[bassbait]

there is already wells all over the place, not sure if this means that they will be drilling closer to lake or what?  its all about money.  atleast the fish commission could put some of that money into the lake for new stucture, instead of spending it to repair dams across the state.  they have spent money and time putting in tons of structure at bald eagle state park over the years, but nothing to improve rose valley.  pretty soon fishing at rose valley is going to feel like your fishing in downtown williamsport.

[Stonecat]

From the Fish Comm. website,sounds like no drilling on PFBC property [non-surface use] but they will receive royalties from area wells.  In Lycoming County, Commissioners authorized the agency to enter into a non-surface use oil and gas cooperative agreement with BigStar Energy for the development of natural gas at Rose Valley Lake, a PFBC-owned lake in Gamble Township. The five-year agreement includes an up-front bonus payment of $2.14 million and an 18.25 percent royalty rate. The bonus payment and all royalties will be deposited into the Fish Fund where they will be used to fund efforts to revitalize and repair Commonwealth-owned high-hazard, unsafe dams managed by the Commission.