Co-eXprise Hosted Successful Town Hall Meeting Addressing the Formation of the Cambria County Landowner Group

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Two additional meetings planned for private landowners to join with their peers and government entities

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“Working with Co-eXprise, landowners are able to realize the best value for their land—in terms of price and environmentally responsible lease terms,” said Co-eXprise Founder and CEO William Blair.

Landowners in Cambria County attended a Town Hall meeting on Thursday, March 10, 2011, at the Cambria County Courthouse. This event educated the community on how best to leverage their land holdings within the Marcellus Shale region. The goal of the Cambria County Landowner Group—a public-private partnership formed in conjunction with the Cambria County Commissioners—is to get the best value for their oil and gas rights—in an environmentally responsible manner.

Due to overwhelming response from the community, a second session has been scheduled for Thursday, March 17, 2011, beginning at 6 p.m. in the Cambria County Courthouse, Courtroom #1. An additional session has been scheduled for Thursday, April 7, which will offer landowners an opportunity to provide input on the lease terms most valuable to them.

The Marcellus Shale is a rock formation that underlies Cambria County and is believed to hold significant amounts of natural gas. Advancements in drilling technology have made the Marcellus Shale a potential revenue source for the County and its landowners.

“Marcellus Shale exploration presents some very exciting opportunities as well as challenges,” says Cambria County Commissioner President PJ Stevens. “It is our hope to provide a good example and guidance to our constituents in regard to the responsible development of our natural resources, acquiring the greatest value for our assets, while protecting our environment and the quality of life.”

This event will be jointly hosted by Co-eXprise, a local company who works with both the public and private sector to realize the best available terms for leases of subsurface mineral rights and attorneys Joe Morasczyk, Jake Polochak, and Paul Eckenrode who have a history of representing landowners with oil and gas issues and who have extensive experience in the field of Pennsylvania Oil and Gas Law.

“We look forward to educating landowners within Cambria County on how they can best leverage their land,” said Co-eXprise Founder and CEO William Blair. “Working with Co-eXprise, landowners are able to realize the best value for their land—in terms of price and environmentally responsible lease terms.”

Co-eXprise Marketplace offers an Oil and Gas Rights Bidding Solution which enables cities, counties, states, schools, municipalities, airport authorities and private land owner associations to competitively bid their oil and gas rights to achieve the best market price and lease terms.

To register for the event, please visit http://www.cx-energy.com/marcellus.

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Amy Craven
Co-eXprise
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