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2 个月前
BRIEF-Southwestern Energy enters agreement to settle class action litigation
2017年5月19日 / 晚上9点29分 / 2 个月前

BRIEF-Southwestern Energy enters agreement to settle class action litigation

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May 19 (Reuters) - 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:

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