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Tag: royalty
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.
Ontario Teachers' to acquire Cenovus oil and gas royalty business
2015-06-30 15:52:20| Energy - Topix.net
The Ontario Teachers' Pension Plan says it has an agreement with Cenovus Energy Inc. to acquire Cenovus's wholly-owned subsidiary, Heritage Royalty Limited Partnership, in a deal worth about $3.3 billion. The pension plan says the deal, led by Teachers' Natural Resources Group, is expected to close by the end of July once it receives the customary regulatory approvals.
Tags: business
gas
oil
teachers
San Juan Basin Royalty Trust - A Significantly Overvalued Royalty Trust
2015-06-18 23:10:09| Energy - Topix.net
Purchasing the trust units at the current share price requires an investor to believe in a 6%-7% discount rate and a long-term natural gas price of $8.00/mcf. San Juan Basin Royalty Trust receives royalties from predominantly natural gas producing wells in the San Juan Basin of north-western New Mexico.
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trust
significantly
juan
San Juan Basin Royalty Trust - A Significantly Overvalued Royalty Trust
2015-06-18 21:59:44| Oil & Gas - Topix.net
Purchasing the trust units at the current share price requires an investor to believe in a 6%-7% discount rate and a long-term natural gas price of $8.00/mcf. San Juan Basin Royalty Trust receives royalties from predominantly natural gas producing wells in the San Juan Basin of north-western New Mexico.
Tags: san
trust
significantly
juan
Newfoundland and Labrador premier talks up Statoil term sheet, royalty revamp
2015-06-16 21:16:31| Oil & Gas - Topix.net
Newfoundland and Labrador Premier Paul Davis takes a question from a journalist during a visit to the Ontario Legislature in Toronto on March 3, 2015. The premier made waves Tuesday with talk of a term sheet "in coming weeks" for the next big oil project off Newfoundland and a new royalty regime to speed offshore development.
Tags: term
premier
sheet
talks
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