Angela Neville

March 28, 2016 | Texas Lawyer

Recently, the U.S. Department of Labor conducted an investigation in the Texas and New Mexico oil and gas sector that led to 241 oil well service workers being paid a total of $1.5 million – $750,000 in back wages and an additional equal amount in liquidated damages.

By Angela Neville

6 minute read

March 28, 2016 | Texas Lawyer

Venoco, an exploration and production company, recently reached an agreement with its senior lenders to reduce the company's debt load and restructure the balance sheet with the lenders agreeing to support a restructuring transaction that will eliminate approximately $1 billion of debt from Venoco's balance sheet.

By Angela Neville

5 minute read

March 25, 2016 | Texas Lawyer

A large group of electric power producers recently applied for qualification in Mexico's first electricity auction following its energy reform, according the nation's Energy Ministry.

By Angela Neville

5 minute read

March 24, 2016 | Texas Lawyer

Targa recently announced that it has received definitive agreements from a number of investors for the purchase of its preferred stock totaling approximately $1 billion.

By Angela Neville

7 minute read

March 24, 2016 | Texas Lawyer

U.S. District Judge John McBryde recently ruled that defendant Gregory G. Jones, a Texas lawyer who pled guilty in a securities fraud case, is ordered to pay a combined total of $1,176,534 in disgorgement and prejudgment interest.

By Angela Neville

7 minute read

March 16, 2016 | Texas Lawyer

Unhappy landowners recently brought an antitrust class action lawsuit against Chesapeake Energy Corp. and other defendants in an Oklahoma federal court, and alleged that the defendants rigged bids and otherwise depressed the amounts they paid to property owners for the acquisition of oil and gas leasehold interests and producing properties in violation of the Sherman Antitrust Act.

By Angela Neville

3 minute read

March 14, 2016 | Texas Lawyer

In the lawsuit, Targa Resources states that it had entered a contract with Epcon to build the two systems called regenerative thermal oxidizers for a facility at Mont Belvieu, Texas and that Epscon's defective construction of the RTO systems caused them to fail and led to the facility being fined by the Texas Commission on Environmental Quality.

By Angela Neville

4 minute read

March 14, 2016 | Texas Lawyer

Midland-based Southwest Royalties Inc. is currently battling the Texas Comptroller of Public Accounts and the Texas Attorney General over the issue of whether oil and gas drilling equipment is included under a statute that includes sales and use tax exemptions for "manufacturing, processing and fabrication."

By Angela Neville

5 minute read

March 09, 2016 | Texas Lawyer

The U.S. Court of Appeals for the Fifth Circuit recently reversed an earlier ruling of a Houston federal court that threw out the case brought by Petrobras America Inc. and certain underwriters at Lloyd's London against Vicinay over an alleged defective marine chain in which they were seeking $400 million in damages.

By Angela Neville

3 minute read

March 09, 2016 | Texas Lawyer

A Louisiana environmental group recently slammed Texas-based ExxonMobil with a federal lawsuit alleging that the oil giant has continuously disobeyed Clean Air Act requirements by allowing hazardous pollutants to be released from its Baton Rouge chemical plant.

By Angela Neville

3 minute read