OVERVIEW

    XTO pays the class based on a "sale" from XTO to one of its wholly-owned subsidiaries, Timberland Gathering and Processing Co., Inc. ("Timberland").  The price it uses to pay royalties is arbitrarily discounted either 15% or 20% from the price XTO ultimately receives for the gas in the first arms-length transaction. 

    Plaintiffs contend that basing royalties on such a "sale" between XTO and its wholly-owned subsidiary is improper in both Oklahoma and Kansas. Nearly 300 XTO-operated wells feed into the Timberland gathering and processing system, which services class members' wells.  Damages incurred by the class are estimated to exceed $25 million.

_______________________________________________

Read the latest press clippings from these publications, and others:

On March 20, 2009 an order certifying Beer v. XTO as a class action was filed by the Court in the Federal Court for the Western District of Oklahoma.

• To learn about the case generally or the class certification, see the Class Notice.
• The Complaint, Class Motion, and other pleadings are available on the Documents / Pleadings page
• Ed White represents the class, and information about him and his co-counsel is available on the Class Attorneys page
• Contact the attorneys for the class by mail, phone or email using the Contact Us page