DENR investigating landman behind Triangle fracking bids | News
News
INDY Week's news blog

Archives | RSS

Thursday, July 24, 2014

DENR investigating landman behind Triangle fracking bids

Posted by on Thu, Jul 24, 2014 at 1:59 PM

Reps for the N.C. Department of Environment and Natural Resources (DENR) say they are investigating the Pennsylvania agent behind a handful of likely doomed offers to buy mineral rights in the Triangle.

As the Indy reported Wednesday, state law requires representatives for gas and oil companies, otherwise known as "landmen," to register with DENR or risk a civil penalty. Frank Sides, the agent named on the mineral rights offers of Crimson Holdings Incorporated, does not appear to be registered in the state, based on DENR's online registry.

DENR spokesman Jamie Kritzer said his agency was only recently informed of Sides' letters, and will be investigating to determine if he is breaking the law. Sides did not return an Indy phone call this week.

Documents obtained by the Indy this week show Crimson Holdings made offers to buy mineral rights in Durham and Chapel Hill. In Durham, the company sought to buy the rights for several tracts of nature preserves owned by the conservationist Ellerbe Creek Watershed Association. In Chapel Hill, Crimson Holdings offered to buy more than 50 acres of land owned by the town of Chapel Hill in a park abutting the upscale Meadowmont development.

Landowners say they have turned down the offers from Crimson Holdings. Still, it's the first confirmed reports of gas leasing offers made in the state in several years, and it comes weeks after state leaders lifted the fracking moratorium. More on this as it develops.

Tags: , , , ,

Pin It

Comments

Subscribe to this thread:

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

@ Hunter23 "A combination of investors and loans" is not specific, and nowhere in the article is the phrase "private …

by RJO_III on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

The article clearly states the building would be privately funded with the state/local gov pitching in for infrastructure enhancement. The …

by Hunter23 on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

Most Recent Comments

@ Hunter23 "A combination of investors and loans" is not specific, and nowhere in the article is the phrase "private …

by RJO_III on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

The article clearly states the building would be privately funded with the state/local gov pitching in for infrastructure enhancement. The …

by Hunter23 on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

I truly admire the passion and support the message. But it seems standing on an overpass during rush hour traffic …

by Diane Alenezi on High Above I-40, Protesters Call for "Health Care 4 All" (News)

This will turn the Mordecai neighborhood & surrounding neighborhoods (one of the only places in downtown Raleigh with any character …

by RJO_III on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

Oh Leanne, don't you know the GA laid them all off? And that people always crap on their own public …

by biIIy on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

© 2017 Indy Week • 320 E. Chapel Hill St., Suite 200, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation