Royal Dutch Shell evasion of royalties: Plaintiffs win $66 million from Shell Oil after making the mistake of relying on Shells honesty and integrity:
“Shell told us [in 1995] that if we didn’t want to accept a nuisance value settlement, they would drag the case out and my clients would be dead before they ever got the money,” said Calvert. “They ended up being partly right.”
Sat May 17, 2008
NEWSOK.COM: Shell weighs appeal in royalty case
By Jack Money
Shell Oil Co. is weighing an appeal of a $66 million verdict this month by a Stephens County jury in a royalties payment case, company officials said Friday.
The verdict stems from a case where five women claimed they were owed royalties that had not been paid since the early 1970s.
Background to case
The royalties involved a well on a 20-acre lease in a 640-acre unit between Ardmore and Duncan. The area is one of old production, in which more than 100 wells have been drilled.
