In re Cassetto

MEMORANDUM OPINION REGARDING CHAPTER 7 TRUSTEE’S MOTION TO EFFECTUATE EXECUTION OF OIL AND GAS LEASE

KAY WOODS, Bankruptcy Judge.

This cause is before the Court on Motion to Effectuate Execution of Oil and Gas Lease (“Motion to Lease”) (Doc. # 52) filed by Andrew W. Suhar, Chapter 7 Trustee (“Trustee”), on May 24, 2012. The Debtors Shannon J. Cassetto and Frank A. Cassetto, Jr. (“Debtors”) filed Response to Trustee’s Motion to Effectuate Execution of Oil and Gas Lease (“Response”) (Doc. # 56) on May 31, 2012.

The Court held a hearing on the Motion to Lease on June 28, 2012 (“Hearing”), at which…