What is this lawsuit about?
The lawsuit claims that EQT did not properly calculate “royalties” (money owed for gas production). It claims that EQT did this by basing its royalty payments on prices that were lower than they should have been. Plaintiff asked EQT to pay monetary damages and prejudgment interest and for other relief. Claims related to deductions of post-production costs and expenses taken from royalty payments are not part of this settlement. EQT contends that it did not underpay royalty payments.
Additional information about the lawsuit and important court documents may be found on the Important Documents and FAQs pages of this website.
Who is included?
You are included in the Breach of Contract Class if you:
- Have or had a gas lease with EQT of a certain type;
- Have (or had) gas production under that lease from the Nora Field in Virginia and the lease does not does not contain language expressly authorizing the lessee to deduct or expressly precluding the lessee from deducting the cost of gathering, treating, compression, dehydration, processing, and/or transportation when calculating royalty payments and whose leases are identical to certain types of lease categorized by Plaintiff’s expert, according to business records maintained by EQT; and
- Have received (or are due) royalty payments anytime since June 8, 2005, from EQT.
You are not included in either Class if you operate a gas well in Virginia, or if you hold a working interest ownership in a well operated by EQT in Virginia.
Some corporations, partnerships, or other entities included in the Class definition may now be dissolved. If you have succeeded to the interest of such a dissolved corporation, partnership, or other entity, you should immediately contact the Settlement Administrator at 1-833-747-6672 or the following address:
Virginia Gas Cases – Huffman Class
c/o JND Legal Administration
P.O. Box 91345
Seattle, WA 98111
If you are a Settlement Class Member and the Judge approves the Proposed Settlement, you will be bound by all orders and judgments of the Court and by the Court’s final resolution of the Settlement Class claims in the Lawsuit. See Question 13 for your right to comment on or object to the Proposed Settlement.