Are you as a landowner receiving royalty checks and not fully understanding how the current trends and production figures mesh with your royalty payments? Do you have questions on how to interpret the information provided on your royalty stubs? 

Penn State Extension will host a “Shale Mineral Management for the Landowner” workshop from 6:30 to 8:30 p.m. Dec. 8 at the Butler Township Park Building, 468 S. Duffy Road.

Expert speakers Dan Brockett, a Marcellus education team educator from Penn State Extension; Steven Franckhauser and Mike Johnson, director and associate, respectively, of HBK Energy; and Joseph Baran, principal with Bertison-George, will provide a comprehensive program to help royalty owners understand how current drilling production and utilization trends can affect their royalties.

The team also will provide great insight for landowners on the process of relating operations to royalties.

Important mineral management resources available to the landowner to assist in reviewing their lease and royalty payments will be discussed. Experts will help to unravel the mystery of royalty pay stubs, a high interest topic for many landowners.

The program sponsor, Northwest Savings Bank, will have representatives to answer questions.

This workshop is a must for landowners who are receiving royalty payments or are involved in an active unit of the Shale play and seek a better understanding of how their royalty payments are calculated and other factors considered in the determination of payment. 

Additional information on this workshop may be found at http://extension.psu.edu/naturalgas/events.

Registration for this program is required and may be done online at the above link or by calling 877-489-1398. There is no admission fee.

Questions regarding the content of the program may be addressed to Dan Brockett at dlb14@psu.edu or to Carol Loveland at cal24@psu.edu or at 570-320-4429.

Executive workshop

In the ever-evolving environment of production agriculture, farm business owners have a variety of educational opportunities locally, regionally and nationally that focus primarily on production.

However, for many farm managers, education on management improvement is a missing piece of the puzzle.

Penn State Extension will present a Farm Executive Workshop from Jan. 12 to 14 at the Penn Stater Conference Hotel to focus on business management, growth and long-term viability.

The workshop will focus on:

• Enterprise budget use and analysis

• Thinking and acting strategically

• Global perspectives and ag policy implications

• The laborer-manager-leader transition

• Financial statements: What can you do for me?

• Accountability in family businesses

For additional information visit extension.psu.edu/farm-exec. Registrations are due by Dec. 12.

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.