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Board authorizes multiple disbursements and direct payments for Pocahontas Gas escrow accounts
Summary
The Virginia Gas and Oil Board approved two Pocahontas Gas (CNX) petitions to disburse escrowed funds and authorize direct payments to certain royalty recipients, while leaving other payees in escrow pending documentation; staff reconciliation showed minor discrepancies the operator is working to resolve.
The Virginia Gas and Oil Board on Dec. 16 approved two petitions from Pocahontas Gas LLC (CNX Gas Company subsidiary) authorizing disbursement from escrow accounts and direct payment to specified royalty recipients.
CNX land‑records analyst Kelly Berry described both petitions. For Unit W47 (docket BGOB98-1117-0699-O5) Berry told the board the unit is inactive, prior frac wells had been plugged and ownership is now governed by a sealed gob unit; split agreements and certified‑mail notice were included. The petition asked…
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