WACO GAS FIRM DISMISSED FROM DRILLING SUIT

(04/11/2012)

MORGANTOWN (AP) A federal judge has dismissed Glenville-based Waco Oil and Gas from a lawsuit a Marion County man filed over plans to use his property for deep, horizontal wells that would drain natural gas from his neighbors' reserves. Richard Cain initially sued Waco and Exxon Mobil subsidiary XTO Energy in circuit court last summer; the case was transferred to U.S. District Court in Clarksburg. In a recent ruling, Judge Irene Keeley said she'll retain jurisdiction, but she granted Waco's motion to dismiss claims against it. The case illustrates the complexity and intertwined nature of mineral and surface rights in a region where companies are rushing to tap the vast deposits of the Marcellus Shale field... See Glenville gas firm dismissed from drilling suit   wvgazette.com

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