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Incident in Istanbul: The Secret Files & the Case of the Underpaid Royalties

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Incident in Istanbul: The Secret Files & the Case of the Underpaid Royalties

Zounds! Maria has stumbled across secret files – they have information that shows that a midstream transportation company has been underpaying royalty owners by deducting line charges.
This could be one of the largest class action suits in her state’s history. But, she needs to explain the situation.

Help her explain what is going on and how oil and gas royalty owners are paid for production. Who is involved?

Who pays the royalties?
How much?
How are the payments (and the deductions determined? When are they decided?)

We need your expert help!

Please create a presentation that helps a royalty owner, or potential jury member (in the case of a Class Action lawsuit) understand what has happened, and also what kind of information Maria needs to collect.

(scene by Susan Smith Nash, Ph.D. -- photos taken in Istanbal by Susan)

Publié dans : Formation
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Incident in Istanbul: The Secret Files & the Case of the Underpaid Royalties

  1. 1. Smoking gun! This tells the whole story. If it is true, ZZK Midstream has underpaid royalty owners. More than 8 years! This is dangerous information. Incident in Istanbul: The Secret Files & the Case of the Underpaid Royalties
  2. 2. I have a dilemma. What do I do with the information? I know it is just the beginning.
  3. 3. I am looking at the reports, and I know of at least 4 other companies that have been doing the same thing: deducting for processing costs. Not good!
  4. 4. It is all in what the lease says. What did the owner agree to? Working interest owners generally pay, not royalty owners. Double-dipping? I predict a class action lawsuit.
  5. 5. Here is list of information we need. We need to clear this up! Who paid what? When? Who was charged?
  6. 6. I am determined. I am getting to the bottom of this. If this report is true and royalty owners have been underpaid, they deserve justice. I am on it!

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