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
But don't expect Chapel Hill Town Council to go along.

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

More by Billy Ball

Facebook Activity

Twitter Activity

Comments

Steve, what with your, shall we say, idiosyncratic style of punctuation, one would have thought you'd have a bit more …

by David Klein on Clay Aiken pledges to stand with workers (News)

no he wont..they will stand and he will be on his knees...AND SERIOUSLY what drunk 3 year old wrote this....typo's …

by Steve Powder on Clay Aiken pledges to stand with workers (News)

© 2014 Indy Week • 201 W. Main St., Suite 101, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation