January 09, 2013
Castex Energy Inc. on Wednesday settled a $126 million suit brought by a successor to bankrupt Mirant Corp. that challenged a Castex sale of Louisiana mineral rights, after a Texas federal judge delayed the trial's opening to allow settlement talks to continue, attorneys said.
January 08, 2013
A Texas federal judge on Monday said Baker Botts LLP attorneys who worked on a $305 million oil and gas lease deal for Castex Energy Inc. must be prepared to testify at a trial that will begin Wednesday in a suit challenging the deal as fraudulent.
December 12, 2012
A successor to Mirant Corp. on Tuesday accused Castex Energy Inc. and a group of its shareholders of "unrepentant misconduct" and submitting a perjured affidavit in the company's Texas federal suit alleging it was cheated in a $305 million oil and gas lease sale.
December 03, 2012
A Texas federal judge ruled Friday that factual disputes prevented Castex Energy Inc. and a Mirant Corp. entity from tossing each other's claims in a lawsuit alleging Castex violated the companies' right to purchase agreement in a $300 million mineral property rights deal.