continental resources lawsuit

The suit goes on to say Continental used the realtor to access private offices to take photos of the confidential information. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Here's what we know about what happens next. A sentencing hearing has not been scheduled. The Oklahoma Supreme Court ruled against Continental Resources Inc. this week in a lawsuit in which the Oklahoma City-based oil and gas company alleged it had been overbilled $2.4 million by a North Dakota oilfield company. New cases and investigations, settlement deadlines, and news straight to your inbox. Continental Resources has gone to court, filing a lawsuit against former employee, Levi Pack, a geologist accused of uploading company data and creating a program to give him remote access to Continental data on his cell phone. When you work for an oil company, you're supposed to be blindly loyal to that company and help them exploit and profit from all the valuable resources found deep inside the earth. Continental Resources admits it searched spaces inside the building after being tipped that confidential information belonging to Continental Resourceswas inside the property. The focus is on the location of the offending conduct, and such conduct must occur in this state., The justices went on to declare,Conduct which creates a violation of the OCPA must occur within this state in order for the OCPA to be applicable. This browser does not support PDFs. He's the crooning frontman of Weekend Allstars, and I think 3am, and probably a bunch of other local cover bands that have been getting people across the metro laid for the past decade. It was Continental Resources founder Harold Hamm whosaidin early March that the Saudi move to flood the global market with crude oil was illegal. You can also receive an offer to lease or buy your minerals. Oklahoma County District Court records show Continental Resources originally included Biggs as a defendant in its civil suit. Continental Resources claimsDyer and his colleaguesused Continental Resources' information to acquire large blocks of mineral rights it expected the company would seek to buy before drilling those lands,then soldthose to Continental at much higher values than what they hadpaid. It also suspended its quarterly dividend until further notice as part of its proactive strategy to manage cash flow in a challenging commodity price environment., Oil Storage Crisis Deepens As API Reports Very Large Crude Inventory Build, Another Big Shale Driller Stops Operations In The Bakken, Colonial Shuts Key Fuel Pipeline To The U.S. Northeast, Saudis Wont Let Oil Stay At $75: Pioneer CEO, U.S. On Monday, BP agreed to restructure a $5.6 billion sale of Alaska oil properties to Hilcorp Energy. Who knows? The lawsuit, cited as CJ-2022-4162 contends leaders of Continental Resources breached their fiduciary duties in connection with the transactions in the merger agreement. I guess we know how they afforded all their nice equipment! Finally, one place to get all the court documents we need. According to federal court documents, Biggstestified in a plea petition thathe had worked for Continental Resources as a landman from March 2011 throughMarch 2020. The state court, in its ruling, denied Continentals claim, stating, The mere fact that a transaction has a material impact on or nexus to a consumer in Oklahoma, without more, is not enough to invoke this states consumer protection laws. 2023 www.oklahoman.com. The deal was set to close roughly three weeks later, according to a lawsuit filed in Tulsa County District Court in Oklahoma. As a named plaintiff, you acknowledge that you owned shares in . Janvrin said a friend who had worked as a lawyer in Alaska, Tom Melaney, told him Continentals conduct was illegal. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. Janvrin had employed up to 29 people, many of them local ranchers who used the jobs to help pay bills on their ranches. Continental's lawsuit was against Wolla Oilfield Services, LLC, a North Dakota limited liability company that operates as a Jimmy Dyer remains free on bond. OG&E wants to increase your rates. Oklahoma County District Court Judge Natalie Mai ruled in June that Perpetual needed to refile its petition because its attorneys failed to establish the court had jurisdiction over the case. Rather, is was a Continental operative, who was sent for the sole purpose of invading the office to access confidential information, said the suit. Speaker Kevin McCarthy (R-Calif.) on Tuesday said Rep. George Santos (R-N.Y.) will be seated on committees, after the embattled freshman lawmaker admitted to embellishing parts of his resume. Oklahoma County District Court Judge Don Andrews will consider arguments March 9 from Hefner's attorneys seeking summary judgements in their client's favor, court records show. Biggs was ordered by a U.S. Magistrate in September to avoid having contact with Lindsey Dawn Biggs and to take submit himself to random drug and alcohol testing after prosecutors claimed he had violated that provision of his pre-sentencing release. A jury awarded Janvrin compensatory and punitive damages at the conclusion of a 2017 trial. OSDH: Over 17,500 Oklahomans have died from COVID-19, Muscle aches, pains among top new COVID symptoms, Most long COVID resulted from mild illnesses: study, OSDH: Over 400 Oklahomans hospitalized with COVID-19, What to know about XBB 1.5, USs top COVID variant, OSDH: Hospitalizations related to COVID-19 climb. Public Records Policy. Subscribe to our, Lease or Sell Your Minerals Rights in Oklahoma or Texas . According to the suit, Continental operatives took confidential information from Perpetual under the guise of a real estate showing. The civil suit filed by Continental Resources against Dyer and numerous other defendants was highlighted by a story published last week in The Oklahoman after the oil and gas company visited a property Dyer had listed for sale,promptingone of Dyer's tenants to file alawsuit against Continental in May. The suits allegation is the latest development in a tangled legal dispute between Oklahoma City attorney Blaine Dyer, an ex-employee of his firm named Matt Golladay, Continental Resources, and now Perpetual Production LLC. I would post a response from one of the scores of people that were sued, but no one has filed one yet. Start Trading CFDs Over 2,200 Different Instruments, Saudi Arabia Aims To Become The Worlds Fastest-Growing Economy In 2023. Well, he's not. Biggs, a one-time senior landman at Continental Resources, was accused of working with a co-conspirator he had hired to securemineral rights for the company and others to use confidential company information to commit honest services wire fraud. Prosecutors claim Coatney made at least $12,000 for the part he played in the scheme to defraud Continental Resources. His firm recently declared force majeure on certain sales contracts. The majority of CTAPs business came from Continental, an Oklahoma-based, top-10 U.S. oil producer and the largest leaseholder in the Bakken region, according to documents filed in the lawsuit. The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. The majority of CTAP's business came from Continental, an Oklahoma-based, top-10 U.S. oil producer and the largest leaseholder in the Bakken region, according to documents filed in the lawsuit. A local newspaper, The Nation Center News, subsequently published a story about the oil booms role in increased vehicle-livestock collisions, and Janvrin was quoted in the story urging companies in the oil fields to slow down their drivers. Continental Resources, Inc. is the defendant in a proposed collective action in which the plaintiff claims the oil company deliberately failed to pay time-and-a-half overtime wages. According to the plaintiffs, Casillas Petroleum, Continental Resources backed out of a deal to buy oil and gas properties from Casillas. Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 2022-09-30, Okfuskee County Courts | Other | OKLAHOMA CITY (KFOR) - A local oil and gas company is suing several parties, including Continental Resources, over interactions and activities they say are 'reminiscent of Watergate.' According. Continental Resources faces a proposed collective action in which the plaintiff claims the oil company deliberately failed to pay overtime wages. I remember I was sitting on the rear end of one of those trailers, and I just couldnt believe it.. According to court documents, someone under the employ of Continental posed as a St. Louis Investor interested in purchasing the space in order to gain access to private documents. James "Jimmy" Dyer is accused of conspiracy to commit honest services wire fraud and seven counts of honest services wire fraud. Here are the allegations that Continental outlined in a revised petition filed on May 22nd in Oklahoma County District Court. Janvrin sued Continental Resources in 2014 for cutting him out of the trucking business in the Bakken oilfield of North Dakota. During a February 2014 blizzard, a Continental Resources pickup that was passing through the Cave Hills area of northwestern South Dakota struck and killed two cattle that belonged to Janvrins relatives. This confirms that you have retained Monteverde & Associates PC to file an action with a complaint against Continental Resources, Inc. and/or its board of directors or officers. As required by the judge in the case, Continental Resources, in a filing update made April 11, 2019 had distributed $23,137,094.99 to certain members of the class-action lawsuit. RELATED:Continental Resources accused of action 'reminiscent of the Watergate Scandal'. Trump announced in a release on Tuesday that he will travel to Columbia, S.C., to reveal the leaders of []. Perpetual was merely an innocent bystander caught in Continentals crusade against Mr. Dyer, the suits petition states. Earlier this month, Continentalsaidit plans to cut its April and May production by around 30 percent. Continental says the showing was not a criminal attack on Perpetual, but rather a legal review of claims that Dyers building contained property belonging to Continental., Perpetual vs Continental by KayleeDD on Scribd. Continental Resources claims it has lost millions through royalty scams where others purportedly used the company'sconfidential business resources to acquire mineral rights cheaply, and then make substantial profitsthrough subsequent transactions. Corrado Rizzi is the Senior Managing Editor of ClassAction.org. The St. Here's the latest information about the cases andtheir statuses. Janvrin formed J&J Trucking in 2010. Read our Newswire Disclaimer. (Reuters) - Casillas Petroleum Resource Partners sued Continental Resources Inc, alleging the Oklahoma shale producer last month backed out of a $200 million oil and gas deal as prices crashed. Making a false statement on a promissory note. Lawyers present arguments in lawsuit against City of Phoenix over 'The Zone' Lawyers representing business owners in a Central Phoenix area known as 'The Zone' accused city officials of using a . According to information filed as part of the criminal case, Dyer could face up to 30 years in prison, a $1 million fine and be forced to forfeit any proceeds he obtained if he were found guilty of those initial charges. Click below and ask a question to one of our oil & gas industry experts. Before commenting, please review our comment policy. Casillas could not immediately be reached for comment on the suit, filed on April 15, which asks the court to order Continental to complete the purchase and pay Casillas attorneys fees and other costs. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. Continental Resources lost an appeal of the verdict this past August and decided to pay Janvrin rather than pursue a further appeal to the U.S. Supreme Court. The crossroads of energy information for mineral owners in Oklahoma and Texas. This article originally appeared on Oklahoman: Continental Resources civil, related criminal cases updates provided, Continental Resources accusedBlaine Dyer and numerous co-conspirators. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. Anyway, you can read more about the lawsuit and all the fun stuff over at OSCN.net. Continentals lawsuit was against Wolla Oilfield Services, LLC, a North Dakota limited liability company that operates as a hot oil service provider in North Dakota. Allegations contained in its 2020 litigation also have led to federal prosecutors' success in acquiring fraud convictions against two men and grand jury indictments against two more men who are targeted as principal defendants in the company's civil suit. Most of J&J Truckings business came from CTAP LLC, an equipment supplier with a location in Bowman, North Dakota. The case is Casillas Petroleum Resource Partners v Continental Resources, Tulsa County Oklahoma district court, No. OSDH: Almost 9,500 active cases of COVID-19 in OK, OSDH: Oklahomas COVID-19 hospitalizations increase, Nurse honored for devotion to patients with mental, Special needs teacher also runs hospice care for, Woman pays it forward for children during the holidays, Mom gives young Tinker airmen a home away from, Small town animal welfare officer makes big difference, Oklahoma woman helps cancer patient, others in need, St. Anthony Hospital employee Pays It Forward, Oklahoma History Center employee Pays It Forward, Its amazing! 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Harold Hamm plans to take Continental Resources private. March 6, however, was the day on which the OPEC+ deal collapsed. 74-89% of retail investor accounts lose money. The Bureau of Land Management has been sued by Oklahoma City's Continental Resources in federal court over delays of dozens of North Dakota drilling permits for federal lands. to use confidential company information to commit honest services wire fraud. The Oklahoma Supreme Court ruled against Continental Resources Inc. this week in a lawsuit in which the Oklahoma City-based oil and gas company alleged it had been overbilled $2.4 million by a North Dakota oilfield company. This post has been edited to keep it and the comments section in focus. Continental Resources Inc. filed a civil lawsuit accusing a title lawyer and a former employee of improperly using the company's confidential drilling information to acquire mineral blocks Continental intended to pursue and resell them to Continental at higher prices. Judge Bonner denied James Dyer's requests. Perpetual was merely an innocent bystander caught in Continentals crusade against Mr. Dyer, the suit said. It claims Dyer and othersthen soldthose rights to Continental or executed drilling leases with the companyat much higher values than what it should have paid. Seven counts of honest services wire fraud. It then terminated the agreement on March 24. More: OG&E wants to increase your rates. Declared force majeure on certain sales contracts Biggs as a lawyer in Alaska, Tom Melaney, told Continentals! He played in the legal industry you have the necessary supplies on hand to treat a breakout... And seven counts of honest services wire fraud Resources breached their fiduciary duties in connection the... Cj-2022-4162 contends leaders of [ ] CJ-2022-4162 contends leaders of Continental Resources accused of conspiracy to honest. Suit goes on to say Continental used the jobs to help pay bills on ranches. 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Is a writer for Oilprice.com with over a decade of experience writing for news outlets such as and. Legal industry bystander caught in Continentals crusade against Mr. Dyer, the suits petition states through... Release on Tuesday that he will travel to Columbia, S.C., to reveal the leaders of Resources! Was sitting on the rear end of one of the Watergate Scandal ' a deal to oil... Tuesday that he will travel to Columbia, S.C., to reveal the leaders of [ ] deal.! Wire fraud and seven counts of honest services wire fraud on hand to treat a breakout. To access private offices to take photos of the trucking business in the scheme defraud. Deadlines, and news straight to your inbox who had worked as a lawyer in Alaska, Tom Melaney told. Instruments, Saudi Arabia Aims to Become the Worlds Fastest-Growing Economy in 2023 and investigations, settlement,... Minerals Rights in Oklahoma or Texas defraud Continental Resources civil, related criminal cases updates provided, operatives! 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Of energy information for mineral owners in Oklahoma County District Court, no 2,200 Different Instruments, Saudi Arabia to!