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Oil & Gas and Dimock Township Nearing Agreement

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Residents in Dimock Township, PA and Houston-based natural gas drilling company Cabot Oil & Gas Corp have been at the center of a national debate over allegations that the gas drilling technique known as fracking (hydraulic fracturing) has caused their water wells to become poisoned with methane gas and toxic chemicals.

The Associated Press reports that court documents filed recently say residents have agreed to resolve the federally filed lawsuit against Cabot. The terms of the settlement were not disclosed, though attorney’s for the plaintiffs say the settlement money is expected to be disbursed over the next two months.

Originally, Cabot denied that they were responsible for the well water issues, though Pennsylvania environmental regulators did find that the aquifer along Carter Road was contaminated with “explosive” levels of methane, which was caused by Cabot. Later, those regulators decided Cabot had fulfilled consent agreement obligations and allowed them to discontinue delivering bulk and bottled water to residents last year. Earlier this year, federal regulators tested the aquifer again and decided water was safe for human consumption, though residents continue to disagree.

Cabot’s chief executive Dan O. Dinges is reported to have said that the company has reached verbal agreements with 32 of the 36 Dimock residents, and were continuing negotiations with the others, the Associated Press reported.

 

breakinglawsuitnews.com disclaimer: This article: Oil & Gas and Dimock Township Nearing Agreement was posted on Friday, August 17th, 2012 at 8:31 pm at breakinglawsuitnews.com and is filed under Toxic Substances Lawsuits.

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