Sign up to receive breaking news and new edition alerts:
2017-03-10 / Energy Updates

Class action lawsuit against Rex Energy continues

PITTSBURGH ITTSBURGH , Pa – A panel of the Pennsylvania Superior Court unanimously overturned a trial court’s refusal to certify a class action brought by landowners against Rex Energy Corporation on January 17, 2017. The appellate court remanded the landowners’ claims against Rex to the trial court for further proceedings.

The landowners’ claims against Rex arise out of roughly 112 oil and gas leases signed in 2008 covering approximately 4,000 acres of Marcellus Shale. Rex did not pay the bonus payments under those leases. According to court records, the claims against Rex aggregate more than $8 million plus 8 years of interest.

Return to top

Sign up for Biz Alerts

Email Marketing You Can Trust