MONTOURSVILLE, Pa. — Farm royalty owners face many legal and financial risks associated with oil and natural gas leasing.
Many farmers have used royalty income streams to supplement farm income and to make important capital investments.
However, shale well production declines and price volatility introduce significant levels of risk to the royalty income stream and ultimately to the farm business.
Penn State Extension Shale Education Team Educators and Program Sponsor Rockcliff Capital LLC are offering a comprehensive workshop to help farm royalty owners understand how current natural gas production and utilization trends can affect their royalties, important records to maintain, and decision-making strategies for how to limit farm business exposure to risk.
Dates and times
The workshop, Shale Royalties and Your Farm Business: Managing the Risk Associated with Royalty Income Streams, will be hosted June 14, from 10 a.m. to 3 p.m., at the Washington County Fairgrounds, 2151 North Main St., Washington, Pennsylvania.
Register
The program is free, thanks to a grant from the Northeast Extension Risk Management Education. The program material is based upon work supported by USDA/NIFA under Award Number 2015-49200-24225.
Refreshments and lunch are provided by Rockcliff Capital LLC.
Seating is limited and pre-registration is required online at http://extension.psu.edu/naturalgas/events or by calling 570-320-4429.
For additional information contact Dave Messersmith at dtm101@psu.edu or to Carol Loveland at cal24@psu.edu or at 570-320-4429.
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