Planning, finances will be discussed

Penn State Cooperative Extension will be holding a workshop, “Financial Considerations Relating to Marcellus Development in Pennsylvania” on Oct. 19 at the Cranberry Township Municipal Building, 2525 Rochester Road, Cranberry Township. The meeting will start at 6 p.m. and end at about 8:30 p.m.

Speakers include extension, CPA, legal and financial management experts who will discuss the strategies for financial planning. Topics will include the Marcellus market economics, financial and tax arrangements to optimize retained income, and estate and investment planning.

Participants will have a greater understanding of the financial issues and planning necessary following the drilling of a gas well. This program is intended to inform you of the needs to address as a landowner with property held within the Marcellus Shale after signing a lease, and it is open to the public.

Please note: This program on “Financial Considerations Relating to Marcellus Development in Pennsylvania” is for educational purposes only and is not intended to be legal advice.

There is no fee for participation, but registration in advance is requested. To register, contact the Butler County Extension Office at 724-287-4761 or ButlerExt@psu.edu.

Penn State encourages persons with disabilities to participate in its programs and activities. If you anticipate needing special accommodations or have questions about the physical access provided, please contact Donna Zang at 724-287-4761 in advance of your participation or visit.

For more information, contact Jon Laughner, Penn State Extension Beaver County at 724-774-3003 or jbl14@psu.edu; or Carol Loveland, Penn State Extension Lycoming County at 570-433-3040 or cal24@psu.edu. Visit Penn State’s website at extension.psu.edu/naturalgas.

This material is submitted by Donna Zang, extension director, and the staff of the Penn State Extension office at the Sunnyview Nursing and Rehabilitation Center complex.