Chesapeake Energy Corporation announced a deal to buy mineral rights to half a million acres in the Appalachian basin, to drill for natural gas.
The purchase includes parts of Tompkins County.
The dangers of the drilling process called hydro-fracking have been publicized in the documentary film, "Gasland", and by a local grassroots group called Shaleshock.
The language of Chespeake's chief, Aubrey McClendon, is eerily telling about the company's huge financial resources (the purchase was for almost a billion dollars) and casual attitide towards environmental stewardship.
"We've been poking around and we saw something we liked and we bought it," he said.
for Ithaca NY Blog