$52M Settlement Class Should Be Approved, Fracking Royalty Company Says

Mealey's (August 6, 2015, 12:48 PM EDT) -- OKLAHOMA CITY — A company that purchases royalties and mineral rights for oil and gas exploration through hydraulic fracturing on Aug. 5 filed a brief in Oklahoma federal court arguing that a settlement class should be approved to certify a $52 million agreement reached in the lawsuit it brought against a group of energy companies for allegedly underpaying royalties to the owners of mineral rights who leased property to be used for oil and gas production (Chieftain Royalty Company v. SM Energy Company, et al., No. 11-177, W.D. Okla.)....

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