Tuesday, November 18, 2008

Lawsuit

According to Montrose attorney Michael Giangrieco, a ruling has not been made on lawsuit he filed on behalf of several landowners against Cabot Oil & Gas Corp.

The lawsuit is in the federal district court in Scranton. The landowners are attempting to have agreements they made with Cabot nullified.

The landowners are claiming the royalty clauses in the lease do not conform with state law.

Story link above in 'Link' box

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