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Talisman Energy Class Action Settlement
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Class Action Settlement – Rayanne Regmund, et al. v. Talisman Energy USA, Inc.
United States District Court for the Southern District of Texas
Case No. 4:16-cv-02960
FDPK is pleased to announce the proposed Talisman Energy Class Action Settlement (Regmund, et al. v. Talisman Energy, USA, Inc.), a class action alleging failure to pay contractually owed oil and gas royalties. The Court scheduled a telephonic Fairness Hearing for May 12, 2021, at 11:00 am CST, at the United States Courthouse, 515 Rusk Courtroom 3-A, Houston, TX 77002, before the Honorable Judge Keith P. Ellison.
The certified Settlement Class is defined as follows:
a. All persons who received or were entitled to receive Royalty payments from Talisman attributable to Production within the Eagle Ford Area occurring during the Claim Period (i.e., between January 1, 2013 and June 1, 2016) that was commingled with Production from one or more other wells, and to whom Talisman paid such Royalties using a volumetric allocation methodology on net production sold and/or estimated “shrunk” production volumes.
b. Excluded from the class are (a) all governmental entities, including federal, state, and local governments and their respective agencies, departments, or instrumentalities; (b) any foreign citizens, states, territories, or entities; (c) owners of any interests and/or leases located on or within any federally created units; (d) owners of any non-operating working interest for which Talisman or its agents or representatives, as operator, disburses royalty; (e) Talisman, Statoil, and any entity in which Talisman or Statoil has a controlling interest, and their officers, directors, legal representatives, and assigns; and (f) members of the judiciary and their staff to whom this action is assigned.
More information about the Talisman Energy Class Action Settlement may be found at:
Settlement Website Link: www.EagleFordRoyaltySettlement.com
Click on the links to review important documents:
- Order Granting Preliminary Approval
- Talisman Notice of Settlement
- Talisman Final Stipulation and Agreement of Settlement
- Talisman Heirship Beneficiary Info Form
- Talisman First Amended Complaint
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