M&P BEING SUED / CLASS-ACTION SUIT AGAINST HALCON, M&P & CX

 

Hello everyone:

                         I have not posted anything on here before. I have always just read the comments of others. I thought I would just post some thoughts. After being patient for 8 1/2 months I still have no answers like others in the south east Mercer County area. Is Halcon going to be held responsible for their actions? Are they going to be made to pay for the contracts they signed for? How qualified is M&P when it comes to representing the landowners of group 4 against a company like Halcon with deep pockets. Will we get an honest effort from M&P or will they make it as short as possible and except less than what we deserve to mitigate damages on their behalf. I have just read, in detail, the civil suit against M&P by Terra Energy LLC. Now it seems to me that the landowners not only have to worry about being pushed around by an unethical oil & gas Co, but now we have to worry about the real motives of the law firm we have to represent us. Are they going to treat clients like they treated business partners? I think if given a chance M&P will come back to the land owners after any legal actions against Halcon with a bogus report how they couldn't do much and if we continue it will tie up our lands for years, of course due to a half hearted attempt at getting us what we legally are owed.

                        I only have this attitude after listening to M&P for 8 1/2 months tell us how important it is to stick together as a group but they will break up the group at the drop of a hat to sign a little chunk to this O&G Co and another chunk to a different O&G Co. This sticking together only benefitted them by having all of us available to them for whatever size of lease they could get from any other O&G Co. After seeing an E-Mail to Terra Energy Advisors LLC from Jack Polochak describing how maybe Terra Energy should  get some leases signed by an O&G Co that are less than desirable for landowners to make it look like A Co he was partnering up with was successful in the oil and gas leasing business. That just shows me that he will sacrifice his clients profits to improve his and his associates. I think everyone should read the Lawsuit especially the landowners of group 4. Maybe I am seeing this in a sinister way and I am just swayed by how the rest of the world does things these days. Here is the link to the Lawsuit. I would like to know how many other landowners see it the way I do.

MPLawsuit.pdf

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Replies to This Discussion

Permalink Reply by Rockjul on February 14, 2013 at 1:06pm

ShaleAdvice

where did you get the information to confirm the lawsuit and the date it was filed. is there a detailed listing of the suit available?

Permalink Reply by p umpjack on February 14, 2013 at 2:46pm

the most that will come of this is a admonishment there will be no monetary settlement.....

the only judgement will go towards retainers

the sad sad fact is legal documents were signed willingly without malice and forethought and uncounseled.

get yourself released from any agreement with c-x or m&p  forthwith.......

 

Permalink Reply by p umpjack on February 14, 2013 at 5:00pm

a trainwreck timeline     

 

                Permalink Reply by Jim Litwinowicz on August 23, 2012 at 9:35pm

We are holding a meeting on Tues the 28th at the Franklin Quality Inn at 6:30 Pm. This will be a joint meeting with M & P Law and Cx-Energy. The group is continuing to grow including people that were cancelled by Shell. Bring your neighbors along and ask all the questions you want

Permalink Reply by Jim Litwinowicz on May 18, 2012 at 7:34pm

M & P and Cx-Energy have announced a deal for Mercer Co with Halcon for $3850/18.5% no deductions with a very good lease. Best part is that it only covers deep rights, below 1000' below the base of the Speechley Sandstone. That will allow landowners to lease their shallow rights to a shallow driller and possibly get free gas. (The lease gives Halcon the right to match any offer) I don't know for sure what a shallow lease is worth but I'm guessing that would be another $500 to $1000 per acre for the landowner. Good deal.

We are working with several companies to get a similar deal for Venango Co

We always had attorneys present at every meeting to review any existing lease for free and to answer other questions.

 Reply by James Brink, Esq. on March 6, 2012 at 8:26am

Time for full disclosure, Jim. Tell the folks that your group, including the Washington PA lawyers, already had a lease provided by Hilcorp before they started having meetings in Mercer County. Then, Hilcorp paid the lawyers and Co-Exprise directly. So, therefore, are you not really acting as landmen for Hilcorp? And, if you are acting as landme, then what legal duty do you owe to the folks who have signed up through you? That is, if one of the landowners later had an issue against Hilcorp, how could the Washington PA lawyers act on their behalf?

Permalink Reply by James Brink, Esq. on March 6, 2012 at 1:40pm

No, Jim, I don't generally spout off without having facts. Please tell the folks who paid the Washington PA lawyers and Co-Exprise in the last Mercer County deal they closed on February 1. You remember the one? That is where the Washington PA lawyers and Co-Exprise took out full page ads in the newspaper offering landowners $3500 per acre bonus only to take $250 per acre, which was paid directly by Hilcorp. My only point is that a lawyer cannot represent opposing sides of a transaction. Also, in the nature of full disclosure, yes, I am Steve Townsend's partner in ShaleAdvice. Anybody looking at our website would know this. And, yes, we have leased our clients with companies other than Shell. But, no, we were never paid directly by Shell or any other company and we maintain an attorney/client relationship with our clients for five years following the signing of the lease. Can your firm say the same thing?

Permalink Reply by James Brink, Esq. on February 20, 2013 at 1:37pm
I agree with you again, pump jack. The real challenge will be to prove damages.
Permalink Reply by ralph monico on February 14, 2013 at 3:13pm

Rockjul,

if you obtain the docket number, anyone can go to this link, enter the docket number in the general docket blocks and see the docket and documents filed in the case. 

 

https://dcr.alleghenycounty.us/SelectCaseID.asp?filename=Welcome.ht...

 

Permalink Reply by ralph monico on February 14, 2013 at 5:11pm

nice timeline pumpjack . . . that's disciplinary board material!

Permalink Reply by Samuel J. Orr on February 14, 2013 at 5:29pm

Ralph: Go to CX Energy website where CX says though we are not attorneys, we work with attorneys to negotiate premium leases for landowners... or words to that effect. Pretty scary when you read it contextually with Pumpjack's short history lesson. What attorneys did CX Energy work with in Mercer County in Mount Jackson 4 ?. None other than those experts in O&G leasing known as M&P! Indeed M&P / CX hosted a whole number of meetings jointly in Mercer County when they were putting together the infamous Mount Jackson 4 group.

Permalink Reply by George Brown on February 16, 2013 at 1:29am

An "endorsement" only insofar as my personal experience with them has been positive up to this point. They have not done anything crooked to me personally so I won't disparage them based upon the experience of others. I would advise anyone considering them, or any other group for that matter, to do one's own research and come to one's own conclusion.

I'm just a landowner like many others on this site.  I don't have a crystal ball, just an opinion based upon my experiences up to now.

Permalink Reply by ShaleAdvice (Steven C. Townsend) on February 15, 2013 at 12:44am

 

Here is the lawsuit that was filed in the Western District Court of Pennsylvania.  It is a class action for all those who signed in with CX and MP for the Halcon lease.  Paragraph 20 seems to indicate that they did in fact guarantee a lease.  They did not attach the secret confidential agreement.

Permalink Reply by ShaleAdvice (Steven C. Townsend) on February 15, 2013 at 2:45am

I will be in court most of the day, but I will review the pleadings and get back to you.

Permalink Reply by Samuel J. Orr on February 15, 2013 at 1:01am

I am sure everyone wants to go to M&P EXPO in Beaver County in March. Also want to let you know per M&P's website the Mercer County Mount Jackson 4 is still open to new members as is M&P's Venango County landowners group. CX Energy per website has an upcoming meeting in Venango County. Does not specifically say that M&P will be there. I guess you can call M&P for an answer to that.My guess is that they will be there because CX says "though we are not attorneys we work with attorneys to negotiate premium O&G leases for landowners" or words to that effect. As for the M&P EXPO, M&P website says there will be lots of freebies. You all have fun there! And the M&P/CX juggernaut rolls on! 

Permalink Reply by Samuel J. Orr on February 15, 2013 at 3:09am

Fang: The link with text of complaint was attached as well as Halcon's answer. They have magically disappeared. Plaintiffs as I recall were named King and Vodenichar. Spelling may be wrong on second plaintiff.

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