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Johnson County Settles in Vanguard Energy Lawsuit – Sheridan Media


Johnson County’s Commissioners voted to accept a settlement in their lawsuit against Vanguard Energy, now known as Grizzly Energy, LLC.
At their Tuesday meeting, held at a special time of 4pm, the commission entered into an executive session.
Coming out afterwards they announced their settlement agreement.
Grizzly Energy has offered Johnson County a settlement of just over $230,000, which according to discussions is roughly one-third of the ad valorem taxes owed to the county from tax years 2016-2020.
By taking the settlement the county avoids an out-of-state trial in the matter and they will receive their settlement check within 14 days of signing the agreement. ....

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