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Judge OKs $119M royalty settlement against natural gas firm

2015-07-14 23:03:16| Oil & Gas - Topix.net

An Oklahoma judge has approved a $119 million settlement in a class-action lawsuit that claimed a Chesapeake Energy Corp. affiliate underpaid natural gas royalties to owners in the past decade. A Chesapeake Energy spokesman tells The Journal Record that the company is pleased that Beaver County District Judge Jon K. Parsley approved the settlement agreement.

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