- Chesapeake Energy (NYSE:CHK) agrees to pay $119M under a preliminary settlement with Oklahoma mineral rights owners who accused the company of improper royalty payments dating back to 2004.
- Landowners accused CHK of improperly withholding royalty money and charging them for the costs of processing and transporting gas; the class action lawsuit affects more than 11,800 wells in Oklahoma.
- CHK has faced similar lawsuits in Pennsylvania and other places where it operates.
Chesapeake Energy to pay $119M in Oklahoma royalty case
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