ConocoPhillips Asks Texas Court To Ax Gas Royalties Claim

Law360, Dallas (January 10, 2013, 8:40 PM EST) -- ConocoPhillips argued to the Texas Supreme Court on Thursday that a group of landowners seeking more money for natural gas royalties had improperly added a new theory of recovery after their class was certified, saying the new claim should be thrown out.

The state Supreme Court affirmed class certification in 2008 for about 1,500 landowners who signed a gas royalty agreement with then-Phillips Petroleum Co. After the case was remanded to the lower court, the class amended its claims to allege Phillips had breached an implied...
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