Oil and Gas Law | Law Firm Newswire - Part 3

Austin, TX (Law Firm Newswire) October 17, 2013 – Chesapeake Energy has been sued again over allegedly improper natural gas royalty payments. Several Fort Worth investors and landowners filed suit against the company in state District Court in Fort Worth, saying that Chesapeake deducted costs from their royalty payments, in violation of the terms of their leases. “Chesapeake Energy has faced several lawsuits of this nature,” said Gregory D. Jordan, a prominent oil and gas attorney in Austin. “The complaints arise from alleged deductions from the royalty payments that the company pays to leaseholders. Chesapeake may wish to reconsider the […]


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Austin, TX (Law Firm Newswire) September 27, 2013 – A federal judge said Texas law allows oil and gas drillers to “steal” from small landowners. John Preston Bailey, a federal judge in Wheeling, West Virginia, had been asked to dismiss a case in which a West Virginia landowner sued a company that drilled a horizontal well for natural gas. The plaintiff alleged that hydraulic fracturing, commonly known as fracking, caused draining of the landowner’s natural gas to the company’s adjacent well. The company’s attorneys cited Coastal Oil & Gas v. Garza Energy Trust, a Texas Supreme Court case that held […]


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Austin, TX (Law Firm Newswire) September 20, 2013 – A well-known Texas investor and philanthropist has been sued in an investment dispute. Ted Skokos is accused of breach of contract, fraud and breach of fiduciary duty in the lawsuit filed by Arthur Abbey. The lawsuit claims that in 2005 Abbey made a $4 million investment in 3F Therapeutics, a medical device company founded by Skokos, with the parties agreeing that Skokos would get 20 percent of profits after Abbey received capital from his investment. The complaint alleges that profits were taken out before Abbey was paid back. “An investment deal […]


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Austin, TX (Law Firm Newswire) August 14, 2013 – An oil and gas company has filed a lawsuit against a drilling company, alleging breach of a contract to drill three wells. Conquistador Petroleum filed the lawsuit against E&B Natural Resources Management Corp. on April 5, 2013 in Jefferson County District Court. Francesco Galesi is also named as a defendant. Conquistador claims that E&B owes it hundreds of thousands of dollars because it failed to fulfill its contract to drill three wells on a 22-acre property, after one hole was found to be dry. Conquistador claims it invested $600,000 in obtaining […]


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Austin, TX (Law Firm Newswire) July 18, 2013 – Executives at the now-defunct ATP Oil & Gas Corp. have been accused of misrepresenting royalty interests by Macquarie Investments LLC, notes Austin, Texas oil and gas attorney, Gregory D. Jordan. Macquarie Investments LLC, based in Sydney, Australia, filed a lawsuit against Albert Reese, Jr., the company’s Chief Financial Officer, and T. Paul Bulmahn, the board chairman. Leland Tate, the President of ATP, and Keith Godwin, the Chief Accounting Officer, are also named in the suit. Macquarie claims that the ATP executives misrepresented the nature of a $110 million sale of royalty […]


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Austin, TX (Law Firm Newswire) June 28, 2013 – When landowners enter into a lease with an oil and gas company, they should include a clause that the company cannot deduct costs from their royalties. “To protect your royalties, a lease should clearly provide that the driller cannot make deductions based on the costs of processing, transporting or marketing the oil or natural gas,” said Gregory Jordan, an Austin oil and gas attorney. “There are numerous examples of provisions that were intended to accomplish this result that have been held in case law to not quite cut it,” notes Jordan. […]


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Austin, TX (Law Firm Newswire) May 14, 2013 – American Airlines has settled its lawsuit against Orbitz. The lawsuit over the agency’s method for displaying information about the airline’s fares and schedules had been filed in federal district court in Fort Worth, Texas, where American Airlines’ (American) parent corporation is based. The suit was part of an ongoing dispute between American Airlines and Orbitz over the distribution of travel information. In the lawsuit, American claimed that Orbitz made American’s fares appear higher than they actually were. “This type of litigation often arises when companies are attempting to gain a competitive […]


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Austin, TX (Law Firm Newswire) April 30, 2013 – Texas landowners are suing TransCanada Corp. over the Keystone XL Pipeline. The landowners argue that TransCanada does not qualify as a common carrier and does not have the right to acquire their property through eminent domain to build the oil pipeline. The planned pipeline would transport Canadian tar-sands oil to refineries on the coast of the Gulf of Mexico. “These cases involve two important interests in the state of Texas: oil and property rights,” said Gregory D. Jordan, a Texas oil and gas attorney. The landowners argue that TransCanada is not […]


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Austin, TX (Law Firm Newswire) March 6, 2013 – A lawsuit has been filed over a golf-front housing development. The owner of a housing development overlooking a golf course outside of Austin, Texas filed the lawsuit against the owners of the golf course and a neighboring development. The Golden Bear Reserve is a 21-acre housing development that overlooks the Summit Rock Golf Course in Horseshoe Bay, Texas. Its owner, Reserve at Summit Rock, LP, filed suit against Summit Rock Communities LLC and Horseshoe Bay Resort, the owner of the golf course and the neighboring Summit Rock community. The lawsuit alleges […]


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Austin, TX (Law Firm Newswire) February 6, 2013 – Texas residents have filed suit, alleging they are owed hydrocarbon royalty payments. Several Texas residents have filed a lawsuit against two companies alleging they were denied millions of dollars in royalty payments for hydrocarbons produced from a tract of land in Jefferson County, Texas. “Title issues involving ownership of mineral rights and rights to royalty payments can be a complicated area of law. Disputes such as this one, involving the right to receive royalty payments, are not uncommon,” said Texas oil and gas attorney Gregory D. Jordan. In the lawsuit, a […]


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Austin, TX (Law Firm Newswire) October 2, 2012 – Chesapeake Energy, the Oklahoma City-based oil and gas producer, has apparently begun reinterpreting contracts with thousands of royalty owners, passing certain costs on to them, even when many lessors believe their leases contain no-cost clauses. Chesapeake claims that other contract provisions allow the company to deduct costs from royalty payments. At least a dozen lawsuits have been filed against the driller by royalty owners. “It largely comes down to the language of the initial lease,” says Gregory D. Jordan, an Austin oil and gas attorney. “Royalty provisions in leases can be […]


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