It took us a while to track down this story, but we finally have details about the settlement of a class action lawsuit brought by roughly 60 landowners in Fayette County, PA, against Chief Exploration and Development, the former drilling arm of Chief Oil & Gas (now called Cyprus Exploration and Development). The lawsuit alleged
A group of roughly 60 landowners located in Fayette County, PA, have received a $5.5 million settlement from what was Chief Exploration and Development (now called Cyprus Exploration and Development) to compensate the landowners for leases signed in 2008. The landowners filed a class action lawsuit in 2011, claiming bonus and rent payments were not
About 60 Fayette County landowners who signed leases for oil and gas rights 14 years ago will receive a combined $5.5 million in a settlement reached with a drilling company. The settlement calls for Chief Exploration and Development, now known as Cyprus Exploration and Development, to pay the landowners for