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Buying into Oil small operators within the Shale?

I've heard Chesapeake, BP, Petrohawk and Shell are looking at buying or running a joint venture with small oil operators. Seems this may pr…

Started by Michael in Shale Related Topics

8 Jun 26, 2008
Reply by Douglas Williams

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42 — 4 Comments

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