Longview Energy Co | Law Firm Newswire

Austin, TX (Law Firm Newswire) August 1, 2016 – An energy services company has filed a countersuit in Texas state court against an oil leaseholder, claiming the leaseholder raised frivolous claims to divert attention from its history of nonpayment. In the original suit, 1776 Energy Partners LLC claimed that Riley Exploration LLC breached a master services agreement that obligated Riley to maintain, develop and, if necessary, renew leases for certain Texas oil and gas producing properties. 1776 claimed that Riley failed to exercise an extension option and let the leases expire. Riley’s countersuit alleges that the original claims are groundless […]

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