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Attorney general files royalties lawsuit against Chesapeake Energy

Chesapeake Energy Corporation's 50 acre campus is seen in Oklahoma City, Oklahoma, April 17, 2012. REUTERS/Steve Sisney

The state attorney general has filed a lawsuit that seeks millions of dollars in restitution from Chesapeake Energy Corp. after the company allegedly underpaid gas royalties to landowners. Attorney General Kathleen Kane alleged the company “engaged in deceptive conduct in securing fracking leases” from landowners in the state “as part of a rush to lock up acreage in the Marcellus ...

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Natural gas royalties lawsuit hinges on transaction date

A class-action lawsuit over natural gas royalties hinges on the question of when the company sold the gas, an industry expert said Friday. “The issue of when title passes will likely be the most important aspect of this trial,” said Steven Townsend of ShaleAdvice LLC. Nine Greene County property owners claim in the lawsuit that Energy Corporation of America improperly ...

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