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Vol. 7, No. 47 Week of November 24, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Nature Conservancy settles oil royalties suit in Texas

Conservancy believed it had 100 percent interest, later determined others owed royalties; well had bottomhole location just a few hundred feet from tract boundary

by The Associated Press

A lawsuit brought against the Nature Conservancy of Texas by a group that claimed it was cheated out of royalties from an oil and gas well on the Texas City Prairie Preserve has been settled. In an internal memorandum distributed to trustees and senior managers of the Conservancy in the past two we....

    [additional news subjects in this story]

Land donated to Nature Conservancy

Conservancy tried to buy others


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