A federal class action lawsuit has been filed against the company seeking royalties for leasing and drilling natural gas wells in Pike, Floyd, Knott, and Martin counties. The lawsuit was filed in US District Court and claims Chesapeake breached contracts by using a different payment method for royalties than originally agreed upon in negotiated lease agreements. The case also alleges Chesapeake engaged in common law fraud through concealed, suppressed or omitted information reported to area residents who entered natural gas leases.
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Reader Comments
Posted by
Shannon
on
Shannon
on
Have not received a land or royalty check from Chesapeake in nearly 2 years for the heirs of Ben Watson's property in Weches Texas
Posted by
Colorado
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Colorado
on
Representatives of Chesapeake convinced my father that he could sign an oil lease for 1000 acres after he told them he was not sole owner of the property. They sent young men who were not members of the AAPL and did not have to abide by a code of conduct to sweet talk him an promise him anything he wanted, then followed up with having him sign paperwork stating he was sole owner of the property which he is not. The lease was for a mear pittance of what the property is worth and probably the worse lease that is ever written. It basically makes my father the cinderella tennant on the property. We are currently going back an forth with an attorney representing Chesapeake.
