continental resources lawsuit

Continental Resources, Inc. (Defendant or Continental) is an Oklahoma for-profit corporation, having its principal place of business in Oklahoma City, Oklahoma. Summary: This case is a class action lawsuit against Continental Resources, Inc. for violations of not yet classified. Mich. Dec. 12, 2014); Houser v. Pritzker, 28 F. Supp.3d 222, 253 (S.D.N.Y. BILLY J. STRACK, Trustee of the Patricia Strack Revocable Trust DTD 2/15/99 and Billy Joe Strack Revocable Trust DTD 2/15/99, and DANIELA A. RENNER, Sole Successor Trustee of the Paul Ariola Living Trust and the Hazel Ariola Living Trust, for themselves and all others similarly situated, Plaintiffs/Appellees, esgSubNav, Discover more about S&P Globals offerings, Global Economies in Flux: Drive Decisions with the Purchasing Managers Index (PMI) Data, The Natural Language Processing (NLP) Revolution and ChatGPT: An Introduction to the field, our latest research, and how Kensho is empowering businesses to make the most of these technologies, 10:00 - 11:00 am EST | 4:00 - 5:00 pm CET, Long Beach Convention & Entertainment Center. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. 5. Certification pursuant to Rule 23(c)(4) is only proper if the requirements of Rule 23(a) and at least one of the categories of (b) are first met. This post has been edited to keep it and the comments section in focus. 23 Finally, Plaintiffs are unable to establish that certification of the accounting claim was proper under 2023(B)(2). Ball v. Wilshire Ins. The plan involved 13 other individuals and at least 28 entities that acted as the buyers or leasers, the suit alleged. In a May 22 amended petition to the Oklahoma County District Court, Continental claimed that former employee Justin Biggs provided Blaine Dyer from the law firm Dyer Coatney & Schroeder with specific drilling plans and the price Continental was willing to pay for leases. It then terminated the agreement on March 24. 4 A hybrid class action and issue certification are discussed infra, pages 10-11. In Harvell, 2006 OK 24, 164 P.3d 1028, the Oklahoma Supreme Court held that injunctive or declaratory relief must be the primary remedy requested for class members under 2023(B)(2).7 Similarly, in Dukes, the U.S. Supreme Court held that monetary claims may not be certified under Rule 23(b)(2), at least where the monetary relief is not incidental to the injunctive or declaratory relief.8 Dukes was cited with approval in Homesales, 2014 OK 88, 339 P.3d 878. I've stolen from plenty of my former employers over the years, especially when I was poor and waited tables at Applebee's, but if true, that's quite a bold scheme. According to the lawsuit filed by Casillas Petroleum, Continental first proposed a delay in the closing date of the deal. The lawsuit, which also targets a third-party real estate agent who gave the Continental Resources representative access to the building, was filed on May 26. Secondly, the class action must fall within one of the three categories enumerated in 2023(B). It also suspended its quarterly dividend until further notice as part of its proactive strategy to manage cash flow in a challenging commodity price environment., Oil Storage Crisis Deepens As API Reports Very Large Crude Inventory Build, Another Big Shale Driller Stops Operations In The Bakken, Goldman Sachs Warns Of An Imminent Oil Supply Shortage, Court Seizes Malaysia Oil Firm Assets Amid $15 Billion Dispute, Saudi Arabias Oil Company Slips To Worlds 3rd Largest Company, Why Russia Finally Decided To Cut Its Oil Production, The Fatal Flaw Of The Renewable Revolution, Biden Thinks Oil Will Be Around For A DecadeItll Be Much Longer. 6. 2013, 2023(B)(2), and 12 O.S.2011 and Supp. Amchem Prod. Has Saudi Arabias Relationship With Russia Reached Its Limits? Rumburk s klterem a Loretnskou kapl. The suits allegation is the latest development in a tangled legal dispute between Oklahoma City attorney Blaine Dyer, an ex-employee of his firm named Matt Golladay, Continental Resources, and now Perpetual Production LLC. Section 570.14 provides: 17 Plaintiffs contend they are entitled to specific performance of an accounting because Continental has admitted violating 570.12: 1) by reporting the BTU adjustment on all wells for all owners at a fictional "1000" rather than the actual BTU adjustment for periods prior to July 1, 2010; and 2) by failing to report wellhead volumes on check stubs. Your California Privacy Rights / Privacy Policy. Its lawsuit describes what happened as being reminiscent of Watergate, adding, this was not an overly eager mid-level employee at Continental trying to showcase his or her skills and loyalty; rather, this illegal theft operation to gather information on Blaine Dyer involves a full-blown conspiracy and collusion between upper-echelon executives of Continental, the personal financial adviser of oil tycoon Harold Hamm, as well as a prominent Oklahoma City Realtor. WebArea Agencies on Aging (AAAs) are local aging programs that provide information and services on a range of assistance for older adults and those who care for them. Continental Resources Inc. filed a civil lawsuit accusing a title lawyer and a former employee of improperly using the company's confidential drilling information to acquire mineral blocks Continental intended to pursue and resell them to Continental at higher prices. Start Trading CFDs Over 2,200 Different Instruments, European Natural Gas Prices Post Longest Monthly Losing Streak Since 2020. Based on our review of the record and applicable law, we reverse. Plaintiffs filed an amended petition on November 5, 2014, adding a claim for declaratory, injunctive and/or mandamus relief, requesting Continental account for the production and proceeds attributable to the wells and to accurately inform the class of the facts on which their royalties were based. Reporting by Liz Hampton; Editing by David Gregorio. According to federal court documents, Biggstestified in a plea petition thathe had worked for Continental Resources as a landman from March 2011 throughMarch 2020. WebThe Assistant General Counsel Labor and Employment works closely with Human Resources, Operations, and other business partners to provide traditional labor relations He also testified that he had received and deposited four checks from co-conspirators as part of the scheme. Furthermore, the "long-standing rule in Oklahoma is that a plaintiff may not pursue an equitable remedy when the plaintiff has an adequate remedy at law." Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. 2023 www.oklahoman.com. Pi jeho oprav jsme se snaili o zachovn pvodn architektury, jako i o zachovn typickho prodnho prosted pro mln: vjimen nosn konstrukce vantrok z kamennch sloupk a peklad, nhon, kde mete vidt pstruhy a tak raky, rybnek s vodnmi rostlinami a rybikami a nechyb samozejm ani vodnk. The case is Casillas Petroleum Resource Partners v Continental Resources, Tulsa County Oklahoma district court, No. 289, 316 (2003)). 3 Plaintiff subsequently amended the class to start July 1, 1993. The Oklahoma Supreme Court ruled against Continental Resources Inc. this week in a lawsuit in which the Oklahoma City-based oil and gas company alleged it had been overbilled $2.4 million by a North Dakota oilfield company. Section 2023(B)(1)(b). Wolla had sent electronic billing to Continentals Oklahoma City headquarters and Continental tried to argue the alleged overbilling fell under the states Consumer Protection Act. Civ. Before that, though, Dyers attorney Joe White sent a letter complaining about Continental Resources conduct to the U.S. Attorneys Office for the Western District of Oklahoma in Oklahoma City. It was Continental Resources founder Harold Hamm who said in early March that the Saudi move to flood the global market with crude oil was illegal.. Samozejm jsme se snaili jejich interir pizpsobit kulturn pamtce s tm, aby bylo zachovno co nejvt pohodl pro nae hosty. Krug v. Helmerich & Payne,Inc., 2013 OK 104, 34, 320 P.3d 1012, 1022 (Harvell, 2006 OK 24, at 18, 164 P.3d at 1035). of City of N.Y., 907 F. Supp. Click below and ask a question to one of our oil & gas industry experts. 2. Seznam skal v okol urench k horolezectv. Price per barrel or MCF, including British Thermal Unit adjustment of gas sold; 10. Rather, Plaintiffs assert the trial court should first resolve what the applicable law is relating to these "core" legal issues thereby "assisting in the advancement and resolution of this action." We will begin a new chapter in our companys history, one built on our early experience as a private company and the discipline we maintained as a public company. Owner's share of the sales value attributed to such payment less owner's share of the production and severance taxes; and However, its filings estimate it lost more than $5 million, over time. Oklahoma County District Court records show Continental Resources originally included Biggs as a defendant in its civil suit. However, it dismissed him as a defendant in that case on Dec. 9, 2020. Finally, Plaintiffs requested the trial court issue broad, class-wide injunctive, mandamus or declaratory relief, requiring Continental to provide each putative class member a well-by-well, month-by-month statutory accounting. March 6, however, was the day on which the OPEC+ deal collapsed. Oil prices went into a tailspin after Saudi Arabiapromised to flood the market with oil, which it did for most of March and April, before promising to curtail supply as part of thenew OPEC+ agreementto prevent further price slides. If such offending conduct occurs in more than one state then a court must determine where the conduct primarily and substantially occurs., https://law.justia.com/cases/oklahoma/supreme-court/2022/120039.html?utm_source=summary-newsletters&utm_medium=email&utm_campaign=2022-05-04-oklahoma-supreme-court-dd3dfb992e&utm_content=text-case-read-more-1, Whats this fuss about Right of First Refusal? Continental had requested dozens of permits for wells it wanted to drill on federal lands that are part of North Dakota's Bakken formation in 2020, expecting those to be approved by BLM before Jan. 20 this year, which is when President Donald Trump's term in officeended. A. Continental slammed the brakes on spending and oil production as prices nosedived. 3 (citations omitted). Oklahoma County District Court records show Continental Resources originally included Biggs as a defendant in its civil suit. On Monday, BP agreed to restructure a $5.6 billion sale of Alaska oil properties to Hilcorp Energy. Spaulding gave them the following comment: Yep, the allegations are false and Hefner looks forward to the opportunity to address his claims. If you need to report or discuss a sexual assault in Utah, you can call the Rape and Sexual Assault Crisis Line at 801-736-4356. Harvell, 2006 OK 24, at 26, 164 P.3d at 1037. Plaintiffs' amended petition alleges eleven counts, of which ten seek monetary damages. "BLMs illegal delay in processing these (applications) has injured and will continue to injure Continental. Nmeck Kirschau, kde naleznete termln bazn se slanou vodou, saunou, solnou jeskyn a aromatherapy, to ve ji za 10 Euro na den. I'm not a trust fund kid with a legacy last name, but something tells me Continental's lawyers feel the same way, especially since they have text message transcripts between Spaulding and his alleged coconspirators that give some credence to their claims: You can view the entire lawsuit over at OSCN. Total barrels or MCF attributed to such payment; Ven host, vtme Vs na strnkch naeho rodinnho penzionu a restaurace Star mln v Roanech u luknova, kter se nachz v nejsevernj oblasti esk republiky na hranicch s Nmeckem. However, it dismissed him as a defendant in that case on Dec. 9, 2020. 564 U.S. at 360 (refusing certification of equitable backpay claims). Who knows? Stay with The Lost Ogle. Po odsunu pvodnch majitel stdav chtral a do roku 2002, kdy jsme zaali s rekonstrukc. WebLocation of This Business. Last week, he called for futures market regulators to investigate potential market manipulation after oil futures turned negative for the first time. 2 The record alternatively provides over 17,000 royalty owners. V teplm poas je pro Vs pipravena kryt terasa s 50 msty a vhledem na samotn mln a jeho okol. WebDoing things right is one of our most important values at Continental Resources, Inc. or participated or cooperated in an employment discrimination investigation or lawsuit. Over the weekend, we received multiple alerts via The Ogle Mole Network informing us that Robert "Spaulding" Hefner the Whatever'ith is the latest Junior Oil Overlord to be sued by House Hamm & Continental Resources for allegedly conspiring to steal the company's oil and gas secrets. See Mejdrech v. Met-Coil Sys., 319 F.3d 910, 911-912 (7th Cir. It's a good read. Continental Resources is a ruthless company, and we can't just take their word for granted. Who knows? Maybe Blaine Dyer is innocent of all charges, or better yet, is some Robin Hood of the oil and gas world, stealing from the rich and giving back to the poor a kind, compassionate, selfless man who only wants to help those in need! The U.S. Supreme Court held that back-pay claims could not be certified with claims for injunctive and declaratory relief under (b)(2), either on the grounds that the injunctive claims predominated or that back-pay was equitable in nature. Civ. Tex. FISCHER, P.J., concurs and RAPP, J., concurs specially. 15 The trial court granted certification of an accounting claim as a 2023(B)(1) and (B)(2) class pursuant to 2023(C)(6)(a). Continental on Thursday declined to make any additional statements about particulars pertaining to the case. & Proc. Patrick is the founder, editor and publisher of The Lost Ogle. Plaintiffs alleged failure to pay royalties on all hydrocarbons, improper deductions, insufficient reporting, and failure to receive the best price.1 Plaintiffs asserted Continental engaged in systematic schemes to misreport and skim oil and gas production and royalty proceeds from royalty owners, inter alia. Have your oil & gas questions answered by industry experts. The lawsuit asks for the Water Supply and Storage Company to pay for damage to the parks natural habitat and other damages. Biggs stated he voluntarily conspired with several people including Blaine Dyer to unlawfully share Continentals confidential drilling and leasing plans in exchange for a share in the resulting profits from the purchase and sale of certain leaseholds.. Nejsevernj msto ech luknov s nov rekonstruovanm zmkem. Categories enumerated in 2023 ( B ) patrick is the founder, editor and of! Date of the deal for damage to the opportunity to address his claims and company... 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Certification of equitable backpay claims ) and through OPCMarkets oil production as Prices nosedived a ruthless company, and O.S.2011. Oklahoma City or MCF, including British Thermal Unit adjustment of gas sold ; 10 Oklahoma District... Attorney Joe White sent a letter complaining about Continental Resources, Inc. for violations of yet! Processing these ( applications ) has injured and will continue to injure Continental the following comment: Yep the! Publisher of the record alternatively provides Over 17,000 royalty owners Oklahoma District Court, No Petroleum Continental! Website is carried out by and through OPCMarkets the parks Natural habitat other., Plaintiffs are unable to establish that certification of the deal claim was proper under 2023 ( B ) 1... The suit alleged Partners v Continental Resources conduct to the U.S, including British Thermal adjustment... Price per barrel or MCF, including British Thermal Unit adjustment of gas sold ;.. 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