Kiski Area awards drilling rights to Consol Energy
Kiski Area School District hopes to make some money from two of its schools.
The district could be paid as much as $100,000 a year for natural gas collected from underneath Kiski Area South Primary School, formerly Mamont Elementary, in Washington Township.
The school board Monday approved a five-year lease with Consol Energy. The company would collect natural gas from Marcellus shale about 7,000 feet under the school, which sits on about 24 acres, district Solicitor Ron Repak said.
No surface drilling would take place on district property. The company would drill into it horizontally from another location, Repak said.
District officials could not say how far a drilling rig would be from the school. Repak said the company has secured leases with other land owners in the vicinity of the school.
As part of the agreement, the district will receive a one-time signing fee of $36,600.
The district's royalty rate is 14.5 percent. That is expected to generate between $80,000 and $100,000 annually, Repak said.
It was not known when Consol will begin drilling in the area.
Up for auction
The district also hopes to make some money by selling Bell-Avon Elementary at a public auction.
The Bell Township school closed at the end of the 2012-13 school year. It is the first of three elementary schools the district intends to close as part of an elementary realignment.
To speed up the process, the school board gave district administrators the authority to enter into a contract with an auctioneer. The other option was to seek proposals from auctioneers, which would have required the school board to hold a special meeting to award a contract.
A minimum sales price, known as a reserve, will be set on the property. The amount will be determined by the auctioneer, Repak said.
A winning bidder will be required to pay $20,000 at the time their bid is accepted.
Brian C. Rittmeyer is a staff writer for Trib Total Media. He can be reached at 724-226-4701 or email@example.com.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- ATI continues to produce, ship products
- September, the new summer? Warm, dry weather expected
- Emlenton woman killed in Jefferson Twp. crash
- Steelworkers: ATI talks to resume Sept. 11
- Sylvan Pool plans to remain open extra week
- New Kensington police seek shooting suspect
- Steelworkers scoff at ATI earnings claim
- Butler organization seeks answers for unexplained phenomena
- Allegheny League of Municipalities names executive director
- ‘Banshee’ props, inventory up for sale
- Arnold bakery reopens at its new ‘old’ location