Home Chesapeake, Bass family reach settlement on gas royalties lawsuit
 

Keywords :   


Chesapeake, Bass family reach settlement on gas royalties lawsuit

2015-09-09 01:22:43| Paper - Topix.net

Three weeks after a federal judge ruled Chesapeake Energy had underpaid mineral rights owners in North Texas' Barnett Shale - including the billionaire Edward Bass - the owners' group has agreed to drop its case in exchange for an undisclosed payment. The settlement will end what could have been a lengthy and costly legal battle against Chesapeake, the Oklahoma City-based oil and gas company that took in $21 billion in revenue last year.

Tags: family reach gas bass

Category:Materials

Latest from this category

All news

»
31.05Vytelle expands to Melbourne, Australia with its 21st global bovine IVF lab
31.05USDA celebrates 100 years of agriculture innovation
31.05Bob Pasquale elected president of ARC
31.05Eastern North Pacific Tropical Weather Outlook
31.05Atlantic Tropical Weather Outlook
31.05Brenntag Specialties Expands Innovation & Application Center in India
31.05The details tell the story
31.05Streaming video revenues in MENA to surpass $1.2bn in 2024
More »