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Mar 27, 2012
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BP to lease 85,000 acres in Trumbull County for $331 million
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The London-based oil and gas company BP confirmed that it will lease approximately 85,000 acres in Trumbull County for Utica Shale exploration, The Vindicator reports. With up-front bonus payments of $3,900 per acre, the deal will infuse "more than $331 million into the Valley economy," the article said. For more, read the full story here.
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Posted by
M. Warnock
in
Ohio
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