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Title : The Market, Energy, And Political Page, T+35 -- April 3, 2018
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The Market, Energy, And Political Page, T+35 -- April 3, 2018

Sticky wicket: reminds me of Chesapeake about ten years ago. Now it's CLR and the state of ND. From The Bismarck Tribune:

A North Dakota state agency that claims some oil companies have improperly taken deductions from oil and gas royalty payments is defending itself against two lawsuits that will be closely watched by the industry.

Continental Resources, one of several companies the North Dakota Department of Trust Lands says has underpaid royalties to the state, is challenging the department and the Board of University and School Lands in McKenzie County District Court.

The dispute — potentially involving millions of dollars industry-wide — stems from an audit the department conducted that showed some oil companies had underpaid the state by taking improper deductions for transportation, processing and other costs from royalty payments

Tesla shares up a couple of bucks: apparently all that concern about Tesla has ended.

https://ift.tt/2dZyQXu

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