General Information About the Litigation
On September 5, 2023, an Arbitrator approved a proposed class action settlement agreement reached between the Claimants and Crestone Peak Resources Holdings, LLC in the arbitration captioned Kenneth Vaughters, et al. v. Crestone Peak Resources Holdings, LLC, Judicial Arbiter Group Case No. 2018-0067. The Barton and Burrows, LLC law firm initiated the Vaughters Arbitration in 2018 to enforce the terms of the 2008 Class Action Settlement Agreement approved by the Denver District Court in a class action royalty underpayment case against EnCana Oil and Gas (USA) Inc. under certain oil and gas leases which are identified in the 2008 EnCana Oil and Gas (USA) Inc. A more complete description of the litigation is available in the pleadings which can be accessed by following the links below.
In settlement of the Vaughters Arbitration, defendant Crestone Peak Resources Holdings, LLC agreed to pay Five Million One Hundred Thousand dollars ($5,100,000) in satisfaction of all claims related Crestone’s royalty or overriding royalty obligations under the 241 Class Leases through the date of approval of this Class Settlement Agreement.
Questions
If you have any questions regarding your eligibility to receive compensation please email your full name, current address, telephone number to amber@bartonburrows.com with the subject line “Crestone Settlement Inquiry” or by phone at (913)563-6255.