Wednesday, March 4, 2009

Texas town to drill for gas; cemetery to get part of windfall

Officials in the Crestwood section of Fort Worth, Texas, approved a measure to drill for natural gas, putting seven wells on a site in Greenwood Cemetery. Residents in the area will get a reported $14 million in royalties, and the cemetery will get a piece of that. Cemetery general manager Arlie Davenport says they will use the funds for capital improvements: "We celebrate our 100th anniversary this year, and these royalties will help make the next 100 years better than the last."

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