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TexasTowelie

(112,204 posts)
Mon Apr 3, 2017, 08:34 PM Apr 2017

Fort Worth gas royalty fight gets even uglier

Fighting in the family is never a happy thing, but it happens. Fort Worth and one of its most prominent and respected law firms are fighting.

A lot of money is at stake, so both sides will fight hard. Still, if each treats the other with respect, there’s no reason the family can’t remain intact.

In 2013, Fort Worth hired Cantey Hanger LLP to represent the city in lawsuits against Chesapeake Exploration and Total E&P USA over royalties from natural gas leases on city-owned land.

Total bought 25 percent of Chesapeake’s Barnett Shale leases in 2010. The city’s lawsuits said the companies underpaid royalties to the tune of $33.5 million.

Read more here: http://www.star-telegram.com/opinion/editorials/article142488669.html

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