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Status of PA Attorney General's suit on royalty dispute

08/19/2018 2:37 PM | Anonymous member

The Attorney General and Chesapeake were back in Bradford County
court last Friday in settlement talks held behind closed doors which is
normal procedure in this type of case. There was no expectation that a
settlement would be reached or not. The Pittsburgh Post Gazette ran a story
the same day titled " Chesapeake reaches settlement with large class of Pa.
landowners in royalty dispute" as did other new sources which immediately
led landowners to believe that the Attorney General and Chesapeake reached
agreement. The Attorney General communicated the following statement to Dr.
MeeCee Baker at Versant Strategies, "The private class-action settlement
does not impact our case at all," Joe Grace, a spokesman for the attorney
general's office, said. "Our claims against these energy companies are
active and ongoing, and they are intended to protect all Pennsylvanians
against this kind of corporate misconduct, not just one group of individuals
in one case." We will make more information available on the NARO PA page
and continue to follow this. Here is what you should know now:
1.      This is a proposed settlement that must first be certified by the
judge.
2.      If it is certified all known class members will receive a Notice of
Proposed Settlement (the draft  is posted on the NARO PA page.)
3.      This is an opt out settlement, you should not ignore this. If it is
certified and you do nothing you will be bound by its terms.
4.      This is NOT a settlement with the PA Attorney General.
5.      NARO PA will continue to follow this and make information available.

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