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BRIEF-Southwestern Energy enters agreement to settle class action litigation

May 19 Southwestern Energy Co

* Co entered agreement to settle class action litigation filed on behalf of lessors under leases of oil and gas in Arkansas

* Under terms of settlement agreement, company will pay $30 million upon final court approval of settlement - SEC filing

* Litigation regarding amount of deductions unit made for gathering, treatment, other costs in calculating royalty payments to lessors

* Proposed settlement has received preliminary approval from Arkansas court and is subject to its final approval

* Class for settlement includes substantially all persons having leases with co in Arkansas that permit deductions for various costs Source text for Eikon: (bit.ly/2rmWFkh) Further company coverage:

我们的标准: 汤森路透“信任原则

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