Moorcroft Leader - The Voice of the Community Since 1909, Serving Moorcroft and Pine Haven, Wyoming

By Tom Coulter
Wyoming Tribune Eagle Via Wyoming News Exchange 

Laramie County landowners file suit over alleged drilling monopoly

 

December 5, 2019



CHEYENNE – A group of landowners in eastern Laramie County filed a federal lawsuit last week against Anadarko Petroleum Corporation, arguing the oil and gas company violated antitrust and monopoly regulations by creating a noncompetitive market for minerals in the area.

The lawsuit, filed Nov. 25 in U.S. District Court of Wyoming, states Anadarko has developed a monopoly over oil and gas production in eastern Laramie County by obtaining an excessive number of drilling permits and raising royalty rates on mineral leases.

Anadarko, which was acquired by Occidental Petroleum Corporation earl...



For access to this article please sign in or subscribe.



 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020