May 26, 2020
An Oklahoma oil and natural gas company says it doesn't owe $3.5 million to a drilling company it leased mineral rights to because the company never actually got a well up and running during a three-year contract that expired in January.
April 22, 2020
An oil exploration company told an Oklahoma federal court Wednesday that it still controls the mineral rights for a tract of land that the assignor wants to reclaim, but that if the court decides the lease expired then it must be paid back the $3.5 million it spent to get a well up and running.