Chesapeake, leaseholders settle federal claim

SCRANTON, Pa. (AP) — A newspaper is reporting that a federal lawsuit over gas drilling royalties was settled for least $7.5 million, hours after it was filed.

The Times Leader of Wilkes-Barre reported Saturday ( ) that the case had been filed against Chesapeake Appalachia LLC by Demchak Partners Limited Partnership.

The plaintiffs argued Chesapeake withheld too much in production fees from their royalty checks.

Their properties are all in Bedford and Susquehanna counties, which border New York in northeastern Pennsylvania.

A lawyer for the leaseholders says they’re thrilled with the resolution, and a Chesapeake spokesman calls it a “fair and reasonable” deal.

The settlement on Friday remains subject to court approval. The case was filed in federal district court in Scranton.


Information from: Times Leader,

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s