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Saturday, November 23, 2024

Ridgetop Capital seeks declaration in dispute with Antero Resources

Natural gas 02

NEW MARTINSVILLE – A limited partnership is seeking a declaration regarding a dispute over oil and gas ownership of a Wetzel County property.

Ridgetop Capital LP filed a complaint April 20 in Wetzel Circuit Court against Antero Resources Corp. seeking judicial declaration.

According to the complaint, the plaintiff owns the oil and gas rights of a Wetzel County property and the defendant purports to own a leasehold interest to the rights. The suit states the plaintiff's predecessors in interest, John E. and Sharon K. Rowe, granted a lease to Chesapeake Appalachia that ended on Dec. 17, 2015.

The suit states that a dispute exists between the parties as to whether the defendant has a valid and enforceable leasehold interest on the property.

The plaintiff seeks declaration that it is the owner of the oil and gas in the property, that its claims asserted are not arbitrable under the arbitration provision contained in the Rowe lease, award all damages, and grant such further relief as the court may deem just and proper. 

It is represented by Carl A. Frankovitch, M. Eric Frankovitch and Thomas J. Decapio of Frankovitch, Anetakis, Simon, Decapio & Pearl LLP in Weirton. The case has been assigned to Circuit Judge Jeffrey Cramer.

Wetzel Circuit Court case number 18-C-31

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