TERRE HAUTE, Ind. (AP) - A company planning to drill for oil on Indiana State University's property has had its lease agreement approved by city officials.
Terre Haute's Board of Public Works on Monday approved the proposed lease, which sets out royalty payments to the city and property owners. The Tribune-Star reports Pioneer Oil Co. must now seek leases with Indiana State and other downtown landowners.
The university received permission last year from a city zoning board for drilling on the eastern edge of campus. Some work has started, including the drilling of a water disposal well, construction of fencing and landscaping.
Numerous other oil wells are in operation around Terre Haute, with a large discovery in 2011 on property belonging to the Hulman family that owns the Indianapolis Motor Speedway.
Information from: Tribune-Star, http://www.tribstar.com
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
It's going to be the coldest night of the year. One thing to keep in mind - when the weather gets this cold, it can be dangerous to you.
A Terre Haute man found not guilty of manslaughter and guilty of battery.The jury handed down the verdict Wednesday afternoon.
An investigation is underway into an early morning crash.
Toys are getting ready for distributing for the annual Toys for Tots toy drive.
The same Illinois state’s attorney who’s charging the biological mother of murder victim Willow Long is cautioning those in the court of public opinion not to be too quick to put blood on the young mother’s hands.