Hepler Broom, LLC

Collaboration or Collusion? Oil and Gas Drillers Agree to Pay $550,000 to Settle Historic Federal Antitrust Lawsuit

January 2, 2013

Two oil and gas companies accused of illegally working together in auctions of four natural gas leases on federal land in Colorado have agreed to pay $275,000 each to settle the claim. The case is the first federal challenge to an anti-competitive bidding agreement for mineral rights, according to the U.S. Department of Justice (DOJ). […]