Judge: Expired Fracking Contract Not Reinstated; $14M Claim Denied
Mealey's (June 18, 2015, 3:55 PM EDT) -- ABINGDON, Va. — A federal judge in Virginia on Oct. 16, 2014, ruled that a hydraulic fracturing company was not liable for $14,169,600 to a drilling company because when the fracking company inadvertently sent the drilling company an addendum to an expired contract, it was not an indication that the old agreement was being resurrected (Knox Energy LLC v. Gasco Drilling Inc., No. 12-00046, W.D. Va.; 2014 U.S. District LEXIS 147642).
(Opinion available. Document #94-141111-003Z.)
Gasco Drilling Inc., a drilling company, sued Knox Energy...