On page 2B of Dallas Morning News, Friday, October 1, 2010. Tarrant County woman files class-action lawsuit against subsidiaries of Chesapeake saying they shortchanged royalty owners in the Barnett Shale. Lawsuit filed in U.S. District Court in Oklahoma City.
Lawsuit says Chesapeake should base royalties on the full market value of nat gas instead of 'fictitious' price it gets from a Chesapeake entity.
This is one to case to look at for you HS royalty owners who feel shortchanged!
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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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