Northern Michigan land deals illuminate shell company debate

Chesapeake Energy Co. and other major companies are the subject of a debate about the ethics and dealings of shell companies. Northwest Michigan is familiar with the issue, after a series of 2010 land rights deals.

Excerpt: Late in the summer of 2010, hundreds of farmers in northern Michigan were fuming.

All had signed leases with local brokers permitting drillers to tap natural gas and oil beneath their land. All were demanding thousands of dollars in bonuses they had been promised in exchange. But none knew for certain whom to go after.

The whole article can be found here.

Source: The Chicago Tribune