Landowners Ink $11M Deal In Royalty Fight With Exxon Unit

Law360, New York (November 17, 2017, 5:34 PM EST) -- Pennsylvania landowners on Thursday told a Pennsylvania federal court that they’ve reached an $11 million settlement to end claims that an Exxon Mobil Corp. subsidiary bilked them out of royalties they were owed under oil and gas lease agreements without the company admitting to any wrongdoing. 

In an unopposed motion for preliminary class certification, settlement and the appointment of class counsel, the parties indicated their willingness to put the two-year dispute behind them without the subsidiary, XTO Energy Inc., conceding any of the merits.

The landowners...
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Case Title

MARBURGER et al v. XTO ENERGY INC.


Case Number

2:15-cv-00910

Court

Pennsylvania Western

Nature of Suit

Contract: Other

Judge

Cynthia Reed Eddy

Date Filed

July 14, 2015

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