Barnett

Tarrant County College Settles Chesapeake Royalty Lawsuit

Tarrant County College announced Wednesday that it is settling its lawsuit against Chesapeake Energy for underpayment of natural gas lease royalties for $1.1 million. The community college district filed its lawsuit in November 2014, accusing Chesapeake of undercutting its payments to the institution by improperly deducting post-production costs and failing to properly market the gas on the …