April 13, 2018
A Colorado federal judge ruled Thursday that two companies auctioning drilling assets in Utah failed to present any evidence at trial that an oil and gas exploration company convinced a competitor majority-owned by the Ute Tribe to stay out of bidding in what would become a $308 million sale in 2011.
June 22, 2017
A Colorado federal judge on Wednesday decided that there were enough questions of fact to deny summary judgment in a case in which two oil companies are accusing Newfield Production Co. of breaking a confidentiality agreement and antitrust laws in the run-up to an auction for their assets.
August 22, 2016
Two oil companies asked a Colorado federal judge on Friday to rule that Newfield Production Co. broke a confidentiality agreement and antitrust laws in the run-up to an auction where it bought $310 million worth of oil and gas assets from them, alleging Newfield promised a potential competitor a cut of the assets for staying out of the auction.
August 12, 2016
A Colorado federal judge on Friday refused to nix a suit claiming Newfield Production Co. engaged in bid-rigging with rival Ute Energy in order to drive down the price of Utah drilling properties it bought for $310 million, saying the sellers had provided enough evidence to support their allegations.