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PA Landowners Sue Callon for Shifting Assets to Avoid Class Action

We have two related lawsuits to report on involving landowners in Susquehanna County, PA, and Callon Petroleum. As most lawsuits are, these two are complicated. But, at a very high level, the concept is simple. The landowners allege that Callon Marcellus (formerly Carrizo Marcellus) shorted them on royalty payments. The landowners sued, but Callon sold

Callon-marcellus , Carrizo-marcellus , Callon-petroleum , Susquehanna-county , Carrizo-oil-amp-gas , Energy-companies , Industrywide-issues , Lease-amp-royalty-payments , Litigation , Pennsylvania ,

Oil India exits US shale business

The state-owned company has sold its stake in Niobrara shale asset to Delaware-based Verdad Resources.

Colorado , United-states , India , Eagleford , Texas , Reliance-eagleford-upstream-holding , Oil-india , Oil-india-united-states-inc , Carrizo-oil-gas-niobrara , Indian-oil-corporation , Reliance-industries