text size: A | A | A
Senator: Give Other Agencies Natural Gas Cash
   posted 3:55 pm Tue July 29, 2008 - Little Rock
Channel 7 News - Senator: Give Other Agencies Natural Gas Cash
  Channel 7 News - Share Senator: Give Other Agencies Natural Gas Cash  Channel 7 News - Print Senator: Give Other Agencies Natural Gas Cash  Channel 7 News - Email Senator: Give Other Agencies Natural Gas Cash  Channel 7 News - RSS Feeds  Channel 7 News - Send Senator: Give Other Agencies Natural Gas Cash via Instant Messager
Channel 7 News - Share This Article
Stay on top of breaking news! Sign up for Channel 7 News e-mail alerts.
Your Email:  

A state lawmaker says agencies not involved in wildlife protection should have a piece of the 29.5 million dollar the Arkansas Game and Fish Commission will receive from leasing more than 11,500 acres to a natural gas firm.

The Game and Fish Commission says it will begin negotiations with two state agencies to use part of the lease money for environmental protections. But a deputy director of the agency says it would probably resist directing the money toward non-wildlife agencies.

Senator Steve Faris says he'll ask lawmakers to refer to voters a constitutional amendment allowing money raised from oil, gas and mineral deposits on land owned by the state Game and Fish Commission to the state's general revenues, rather than only for the commission's use.

The Arkansas Game & Fish Commission voted yesterday to accept the terms of the leases with Chesapeake Energy Corporation in the Gulf Mountain and Petit Jean River wildlife management areas after taking bids on the opportunity to explore the lands. The leases will allow the Oklahoma City-based company to have access to more than 7,500 acres at Petit Jean River in Yell County and nearly 4,000 acres at Gulf Mountain in Van Buren County.

The leases also entitle the commission to a 20-percent royalty on any natural gas pumped from the sites, money that - if it comes in - will be used to improve state lands. The deal is the company's largest mineral-rights lease ever in Arkansas.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


Follow Channel 7 News on Twitter

Want a FREE recliner? Click Here
You need to be a registered member of
Channel 7 News to leave comments on news stories.
Not a member yet? Click Here to sign up.
Username or Email Address
Password
Please leave your comments below:
Messages that harass, abuse or threaten other members; have obscene or otherwise objectionable content; have spam, commercial or advertising content or inappropriate links may be removed and may result in the loss of your posting privileges. Please do not post any private information unless you want it to be available publicly. Never assume that you are completely anonymous and cannot be identified by your posts.


TM & © KATV, LLC
Please read our Privacy Policy. By using this site, you accept our Terms of Service.
Children's Television | EEO Reports | DTV Consumer Education Reports
KATV adheres to the ICRA RATING SYSTEM

Pages throughout the KATV website feature links to other sites, some of which are operated by companies unrelated to KATV.
KATV has no control over the content or availability of any linked site.

Legal Notices. "KATV, LLC.", recognizes the privacy interests of visitors to this site on the Internet.

Satellite Home Viewer Act Information | KATV EEO Reports CLICK HERE
{ts '2008-07-29 17:05:07'}