- Investors Cautious Despite Gains in Economy, Earnings
- Goldman Beats Forecasts, Led by Strong Trading
- Sotomayor Defends 'Wise Latina' Remark
- Porn Consumption: The Leading US States
- Cap-And-Trade: Bridge to Economic Disaster?
- Airlines, Already Suffering, Brace for More Woes
- MLB Attendance: A Team-by-Team Breakdown
- Woman Updates Twitter Profile During Bank Robbery
- UBS Can Release Client Data Under Swiss Law: Juidge
- Investment Strategies Now: Bull vs. Bear Picks
- 'Twittering' One's Thumbs During Bank Robbery
- Schork Oil Outlook: 'Oil Bulls are Hanging in There by Their Fingernails'
- Pros Say: Financials Still Too Weak for Growth
- All In The Family
- Cutting Sponsorships The Start of GM Make Over
- An In-Depth Look At MLB Attendance
- Intel By the Numbers
- Intel's Time May Have Finally Come
- National Health downgraded on price
- Nokia's 2Q result eyed for pickup in handset mkt
- FDA warns of infections with transplant drugs
- State workers' union, NH edge toward furlough deal
- Nebraska officials warn of another lending scam
- 5th W.Va. dealership to make good on gas promotion
- Earnings Preview: General Electric second quarter
- Wis. high court gives victory to lead paint makers
- Colo. tries to help small firms get stimulus work
ND Supreme Court rules in natural gas dispute
Text Size 
BISMARCK, N.D. - North Dakota's Supreme Court says an energy company did not shortchange a group of more than 300 landowners on their natural gas royalty payments.
The high court unanimously upheld a district judge's ruling in favor of Petro-Hunt LLC of Dallas.
A group of property owners disputed the company's method of figuring royalty payments from natural gas it produced from beneath their land.
Petro-Hunt subtracted its costs for processing the gas before it made royalty payments. The landowners argued the company should have absorbed those costs.
The Supreme Court also rejected arguments that Petro-Hunt should have had to pay royalties on natural gas it used to operate some storage facilities.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Print
Email
Data is a real-time snapshot *Data is delayed at least 15 minutes