Farr Farms News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Farr farms. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Farr Farms Today - Breaking & Trending Today

Farr Farms sues PDC Energy, claiming underpayment on royalties – BizWest


DENVER A company long controlled by a prominent Greeley-area farming family is suing Denver-based energy producer PDC Energy Inc. (Nasdaq: PDCE), alleging that it was underpaid royalties for production on its property for 25 years.
In the complaint filed Monday in Denver County District Court, Farr Farms Co. claims that it has consistently been paid less than what it is owed in royalties based on the market price of the oil because the Denver-based company deducted midstream and downstream costs from the farms’ payments without proper disclosure.
The lease for the minerals was first enacted in 1981. PDC acquired that lease in 2005 from a now-defunct oil producer. The suit does not specify how much Farr Farms claims it is owed. ....

United States , Weld County , Front Range , Farr Farms Co , Farmers Bank , Centennial Bank , Energy Inc , Guaranty Bank , Denver County District Court , Farr Farms , Greeley Weld County Airport , William Daven , Colorado Big Thompson , Greeley Water Board , Northern Colorado Water Conservancy District , Water Pollution Control Advisory Board , Bill Farr , Northern Front Range , ஒன்றுபட்டது மாநிலங்களில் , பற்றவைப்பு கவுண்டி , முன் சரகம் , ஃபார் பண்ணைகள் இணை , விவசாயிகள் வங்கி , நூற்றாண்டு வங்கி , ஆற்றல் இன்க் , உத்தரவாதம் வங்கி ,