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Friday, April 26, 2024

Wetzel Co. landowners claim EQT breached contract

Lawsuits
Contract 07

NEW MARTINSVILLE — Landowners are suing a Pennsylvania corporation, citing alleged breach of contract.

DWG Oil & Gas Acquisitions, LLC and Legacy Holdings, LLC filed a complaint in Wetzel Circuit Court against EQT Production Company alleging that it breached an agreement by tendering no royalty payments, either presently accruing or previously accrued and escrowed.

According to the complaint, the plaintiffs entered into steering leases that constitute a binding written contract with the defendants as the predecessor of a leasehold interest in oil and gas property in Monongalia County. 

Under the steering leases, EQT Production Company is allegedly obligated to pay the plaintiffs, on a pro rata basis, according to the subject interest. However, from June to September 2018, the defendants allegedly accrued royalty income resulting from product of a tract that was not tendered to the plaintiffs. 

The plaintiffs hold EQT Production Company responsible because it allegedly failed to tender to them delinquent royalties as amended and assigned subsequently.

The plaintiffs request a trial by jury and seek an order to perform and produce an accounting of the delinquent royalties, award of costs, attorney's fees and all other relief the Court may deem just and proper. They are represented by Bradley W. Stephens of Stephens Law Office in Morgantown.

Wetzel Circuit Court Case number 19-C-4

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