Last week, he called for futures market regulators to investigate potential market manipulation after oil futures turned negative for the first time. Founder Harold Hamm, an early supporter of U.S. President Donald Trump, has urged Washington to impose tariffs on foreign oil imports and pushed for federal support of the oil industry. Patrick is the founder, editor and publisher of The Lost Ogle. Continental Resources, for its part, is said tohave stopped drilling operationsand shut in most of its wells in North Dakota in light of the dire market conditions in the U.S. shale patch. Criminal case tied to 'Watergate scandal' civil action in state court Here are the allegations that Continental outlined in a revised petition filed on May 22nd in Oklahoma County District Court. That being said, let's give these people the benefit of the doubt. Documents say Continental is suing Blaine M. Dyer, who Perpetual shares office space with, over an unrelated matter. Michael A. Fitz, James R. Fitz, and Howard B. Fitz, Jr., Plaintiffs/Appellants, vs Red Stone Resources, LLC, Defendant/Appellee. While his criminal trial with co-defendant Blaine Dyer is scheduled in February, the federal judge in the case has given attorneys until Dec. 28 to tell her how the additional charge against Blaine Dyer could impact how the case proceeds. This confirms that you have retained Monteverde & Associates PC to file an action with a complaint against Continental Resources, Inc. and/or its board of directors or officers. 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An attorney representing Jimmy Dyer continued to file pretrial motions in December, including one seeking criminal depositions of key witnesses and another that seeks the appointment of a special master or federal magistrate to review "stolen, privileged documents.". Coatney is scheduled to appear at 2 p.m. Wednesday before U.S. District Court Judge Jodi Dishman to enter a plea on the charge he faces. But Continental got cold feet and proposed to postpone the closing. I've stolen from plenty of my former employers over the years, especially when I was poor and waited tables at Applebee's, but if true, that's quite a bold scheme. Get the Weekly Newsletter Thousands of Mineral Rights Owners and Investors Rely On. James "Jimmy" Dyer is accused of conspiracy to commit honest services wire fraud and seven counts of honest services wire fraud. Lawyers present arguments in lawsuit against City of Phoenix over 'The Zone' Lawyers representing business owners in a Central Phoenix area known as 'The Zone' accused city officials of using a . March 6, however, was the day on which the OPEC+ deal collapsed. He also testified that he had received and deposited four checks from co-conspirators as part of the scheme. Please, U.S. Natural Gas Demand Set To Climb As Cold Weather Closes In, Bullish Catalysts Are Mounting For Copper, Central Asias Glaciers Are Melting At Astonishing Rates, Gas Flowing To Freeport LNG, Restart Timeframe Unchanged, U.S. Reps. Marjorie Taylor Green (R-Ga.) and Paul Gosar (R-Ariz.) are set to get committee assignments back after being stripped from their assignments in the Democratic-controlled Congress in 2021. 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According to the suit, Continental operatives took confidential information from Perpetual under the guise of a real estate showing. Continental Resources also added Robert Hefner V and other defendants to its 2020 case at about the same time. Hey, look at that! The comments come after McCarthy last week [], A number of prominent Democrats voiced their support over the weekend for Attorney General Merrick Garlands decision to appoint a special counsel to investigate President Bidens handling of classified documents. More: In oil-rich Oklahoma, wind drives new power record. The suit was filed under the Oklahoma Consumer Protection Act after Continental learned from a whistleblower in Wollas accounting department notified Continental about systematic overbilling in connection with the arrangement made between the two firms. The civil suit filed by Continental Resources against Dyer and numerous other defendants was highlighted by a story published last week in The Oklahoman after the oil and gas company visited a property Dyer had listed for sale, prompting one of Dyer's tenants to file a lawsuit against Continental in May. Coatney could be required to serve up to five years in prison, be required to pay a fine of up to $250,000 and could be required to participate in a two-year program of supervised release. Making a false statement on a loan application. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. I stopped by Blaine's Facebook page to take a look and, well, he probably has more in common with Harold Hamm than he'd like to admit. Reporting by Liz Hampton; Editing by David Gregorio. It then terminated the agreement on March 24. Perpetual was merely an innocent bystander caught in Continentals crusade against Mr. Dyer, the suits petition states. Anti-aging serums in particular offer many benefits to aging and mature skin. Perpetual, a company that acquires minerals, royalties, non-operated working interests, and leasehold in targeted basins across the United States, filed the latest lawsuit in Oklahoma County District Court. Like his cousin, Jimmy Dyer could be fined up to $1 million. The plaintiff, who worked as a completion supervisor for the defendant from June 2011 through December 2016, claims he was paid a salary but no overtime wages . You dont make plans for anything like that until it happens., Crude prices made gains after federal holiday in the US, Rep Coleenergy security is national security, EV ban proposal dies in Wyoming legislature. (Reuters) - Casillas Petroleum Resource Partners sued Continental Resources Inc, alleging the Oklahoma shale producer last month backed out of a $200 million oil and gas deal as prices crashed. I'm not his lawyer. Oil prices went into a tailspin after Saudi Arabiapromised to flood the market with oil, which it did for most of March and April, before promising to curtail supply as part of thenew OPEC+ agreementto prevent further price slides. MORE:OKC police search for suspects, next-of-kin after apparent homicide. Crashing oil prices have upset several deals in the process of closing. I would post a response from one of the scores of people that were sued, but no one has filed one yet. The majority of CTAP's business came from Continental, an Oklahoma-based, top-10 U.S. oil producer and the largest leaseholder in the Bakken region, according to documents filed in the lawsuit. Janvrin said a friend who had worked as a lawyer in Alaska, Tom Melaney, told him Continentals conduct was illegal. A federal grand jury handed down a superseding indictment on Dec. 19 that accuses Dyer of the above listed crimes plus another making a false statement on a promissory note and commercial guaranty. On 04/22/2022 Continental Resources Inc filed a Property - Other Property lawsuit against Hefner, Robert V. This case was filed in Oklahoma County Courts, Oklahoma County Courthouse located in Seminole, Oklahoma. More: OG&E wants to increase your rates. 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