Driller apparently wants to frack Meadowmont in Chapel Hill | News
News
INDY Week's news blog

Archives | RSS

Wednesday, July 23, 2014

Driller apparently wants to frack Meadowmont in Chapel Hill

Posted by on Wed, Jul 23, 2014 at 2:58 PM

It appears the relatively unknown Crimson Holdings Corporation wants to frack more than a handful of nature preserves in Durham, as reported in today's Indy.

Documents obtained by the Indy Wednesday show the company, which appears to be a small operation in Pittsburgh, made a similar request for mineral rights to the Chapel Hill Town Council last week. Their target? Roughly 51 acres of town-owned park land abutting Meadowmont, an upscale development on the border between Durham and Orange counties.

Chapel Hill Town Councilman Ed Harrison said the Meadowmont land is the largest town-owned tract in Durham County. The response from Chapel Hill appears to be bemusement.

In an email to Town Council members last week, Town Manager Roger Stancil wrote that he did not plan to take any action on the Crimson Holdings request following a meeting with the town's attorney.

In the letter, Crimson Holdings offered the town a fairly low leasing bonus of $5 per acre. As reported today, landowners in states with more of a known quantity of gas can command bonuses in the area of tens of thousands of dollars per acre.

It's the third confirmed gas leasing correspondence between Crimson Holdings and local landowners. Last week, leaders of the Ellerbe Creek Watershed Association, a conservationist group in Durham, declined the company's requests for mineral rights on several tracts. Another Durham County resident near Falls Lake also confirmed that they received a mineral rights leasing request from Crimson Holdings.

According to James Robinson, a leasing expert with Rural Advancement Foundation International (RAFI-USA), it's the first confirmed leasing activity in North Carolina in several years. It comes about two months after state leaders lifted North Carolina's fracking moratorium.

Tags: , , ,

Pin It

Comments (8)

Showing 1-8 of 8

Add a comment

 
Subscribe to this thread:
Showing 1-8 of 8

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in News



Twitter Activity

Comments

To give credit where it is due, at least they are stedfast in their racism, xenophobia, sexism and repressed sexuality.

by Haggie on Real Talk: $3.76 Billion Isn’t Going to Stop N.C. Republicans from Being Transphobic Bigots (News)

As an exercise in futility, I write to Thom about once a month. His answers are always very long and …

by margaretS on Thom Tillis, Textbook Definition of a Schmuck, Says Goldman Sachs Is a Champion of the "Little Guys" (News)

Most Read

Most Recent Comments

To give credit where it is due, at least they are stedfast in their racism, xenophobia, sexism and repressed sexuality.

by Haggie on Real Talk: $3.76 Billion Isn’t Going to Stop N.C. Republicans from Being Transphobic Bigots (News)

As an exercise in futility, I write to Thom about once a month. His answers are always very long and …

by margaretS on Thom Tillis, Textbook Definition of a Schmuck, Says Goldman Sachs Is a Champion of the "Little Guys" (News)

A response to the open letter: http://www.counterpunch.org/2017/03/24/an-open-letter-to-duke-universitys-class-of-2007-about-your-open-letter-to-stephen-miller/

by fanonscholar on In an Open Letter, 2,943 Fellow Duke Alumni Ask Trump Senior Adviser Stephen Miller How He Became Such a Horrible Person (News)

A rebuttal to the political apathy in this open letter: http://www.counterpunch.org/2017/03/24/an-open-letter-to-duke-universitys-class-of-2007-about-your-open-letter-to-stephen-miller/

by fanonscholar on In an Open Letter, 2,943 Fellow Duke Alumni Ask Trump Senior Adviser Stephen Miller How He Became Such a Horrible Person (News)

More bottom feeders attacking Murray without even having the faintest idea of anything he is actually written or believes. Hey, …

by jfarmer on Charles Murray's Duke Appearance Avoids the Blacks-Are-Inferior Thing, Talks About “Cognitive Elites” and the White Working Class (News)

© 2017 Indy Week • 201 W. Main St., Suite 101, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation