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Allegheny County May Lease Rights Under Deer Lakes Park

The Pittsburgh Business Times reports that Allegheny County has reached a deal with Range Resources and Huntley & Huntley as to leasing the oil and gas under Deer Lakes Park in Allegheny County, Pennsylvania.  Allegheny County Executive Rich Fitzgerald announced the county will receive $4.7 million in bonus payments, $3 million for the Park Improvement Fund, and a 18% royalty.  He also announced that operations in Deer Lake Park are prohibited by the terms of the lease.  The deal must be approved by Allegheny County Council.