Chesapeake Energy Corp. and Barnett Shale partner Total E&P USA agreed Monday to pay $52.5 million to settle lawsuits with more than 13,000 people who had claimed they were underpaid royalties for natural gas leases.
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Chesapeake Sued For Underpaying Royalties in Eagle Ford
Chesapeake Energy Corp., which has faced multiple lawsuits across the country regarding alleged royalty underpayments, now is facing allegations that it cheated landowners in the Eagle Ford Shale of South Texas of more than $9.4 million.
Royalty Underpayment Alleged in Barnett Shale
A Barnett Shale landowner is suing units of Chesapeake Energy Corp. alleging underpayment of royalties via a scheme involving gas sales to an affiliate at less than full value. The lawsuit seeks class action status.
Denver Producer Prevails in Gas Royalties Case
K.P. Kauffman Co. Inc. (KPK), a privately owned Denver-based producer, has prevailed in a class-action lawsuit that sought more than $10.6 million for underpayment of natural gas royalties.
Denver Producer Prevails in Gas Royalties Case
K.P. Kauffman Co. Inc. (KPK), a privately owned Denver-based producer, has prevailed in a class-action lawsuit that sought more than $10.6 million for underpayment of natural gas royalties.
WVA Judge Upholds Damage Award in Royalty Case
NiSource Inc. has lost an attempt to overturn a $270 million punitive damage award that tops off $134 million in compensatory damages for underpayment of royalties in West Virginia, but the company vows it will fight on. A Roane County, WV judge last Thursday ruled against a motion to set aside the punitive damages portion of the jury verdict that was issued early this year (see NGI, Feb 5).
WVA Judge Upholds Damage Award in Royalty Case
NiSource Inc. has lost an attempt to overturn a $270 million punitive damage award that tops off $134 million in compensatory damages for underpayment of royalties in West Virginia, but the company vows it will fight on. A Roane County, WV judge Thursday ruled against a motion to set aside the punitive damages portion of the jury verdict that was issued in January (see Daily GPI, Jan. 30).