Structuring Energy Rights Agreements
The Marcellus Shale has brought increased interest in exploring natural gas in Southern New York. According to the New York State Energy Research and Development Authority, in 2006, 55 billion cubic feet of natural gas was produced in New York State. There are clearly opportunities for natural gas development in New York State. The attorneys of Jacobowitz & Gubits, LLP, negotiate the terms of natural gas leases for private property owners. In every natural gas lease, detailed steps must be taken to secure and manage the energy rights.
Focused on Your Best Interests in a Natural Gas Leasing Agreement
When negotiating the terms of a natural gas lease, the gas company usually has far more information than the landowner. With this imbalance of power, gas companies can take advantage of landowners. At Jacobowitz & Gubits, LLP, our lawyers are shrewd negotiators, and will make sure you will obtain fair market value for the use of your land.
Experience and Knowledge to Secure Your Long-Term Financial Future
With our experience in estate planning and our substantial knowledge of the tax codes, we can structure lease agreements in a way to help minimize any tax impact as well as provide for your family for generations to come. With our background in real estate and land use development, we can also ensure that the agreement in no way sacrifices the use of the property for development purposes. In the end, our goal is to maximize the value of your natural gas leasing agreement, and to protect your land.
Second Quarter 2009 Newsletter
Contact Us
For more information or to schedule an appointment with an experienced lawyer regarding your rights in an oil and leasing rights agreement, please contact us. Jacobowitz & Gubits, LLP has three offices in the Mid-Hudson Valley and represents clients throughout New York.
