West Virginia has filed a motion to dismiss EQT Corp.’s federal lawsuit challenging the state’s flat-rate lease statute, arguing that the state can’t be coerced by the company to reverse its laws.
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EQT Suing West Virginia Over Flat-Rate Leases, Royalties
EQT Corp. has filed a lawsuit in federal court arguing that West Virginia’s flat-rate lease statute is unconstitutional. Legislators last month passed a bill prohibiting post-production expenses from being deducted from flat-rate royalties.
April 16, 2018