Royalty Owners Haul Exxon Subsidiary XTO to Court Over Royalties

by Mark Friedman  on Monday, Sep. 15, 2014 12:00 am   4 min read

Independence County plaintiffs say in a federal lawsuit that XTO wasn't getting the highest price possible for natural gas because it was selling the product to its own subsidiary, Cross Timbers Energy Services Inc., at below-market prices.

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