The deal was set to close roughly three weeks later, according to a lawsuit filed in Tulsa County District Court in Oklahoma. Allegations contained in its 2020 litigation also have led to federal prosecutors' success in acquiring fraud convictions against four men, including Blaine and James "Jimmy" Dyer just this week. "Continental Resources has filed a lawsuit in Oklahoma County District Court accusing a prominent Oklahoma City independent oil and gas executive of working with one of Continental's former employees to use the company's confidential drilling plans in a scheme to acquire, hold and resell mineral rights. Wow. It is a priority for CBC to create products that are accessible to all in Canada including people with visual, hearing, motor and cognitive challenges. Today's non-award-winning Lost Ogle conduct is presented by HOOT Industries The Smartest Fun in Town! "They'll have braces, they'll have glasses, they'll have things they need that they wouldn't have otherwise.". A sentencing hearing before Judge Dishman has not yet been scheduled. Seven counts of honest services wire fraud. Family members would also contribute $5.5 billion US to $6 billion US in cash over time, or around half of what the court found to be their collective fortune, much of it held offshore. Allegations contained in its 2020 litigation also have led to federal prosecutors' success in acquiring fraud convictions against four men, including Blaine and James "Jimmy" Dyer just this week. Founder Harold Hamm, an early supporter of U.S. President Donald Trump, has urged Washington to impose tariffs on foreign oil imports and pushed for federal support of the oil industry. That being said, let's give these people the benefit of the doubt. OKLAHOMA CITY (KFOR) - A local oil and gas company is suing several parties, including Continental Resources, over interactions and activities they say are 'reminiscent of Watergate.' According. 3 Min Read (Reuters) - Casillas Petroleum Resource Partners sued Continental Resources Inc, alleging the Oklahoma shale producer last month backed out of a $200 million oil and gas deal as prices. My client is innocent.". An attorney for Continental Resources on Feb. 17 declined to comment about where the case goes from here. You can also receive an offer to lease or buy your minerals. However, Judge Mai did dismiss Eric Eissenstat from the case. More: In oil-rich Oklahoma, wind drives new power record. Anyway, you can read more about the lawsuit and all the fun stuff over at OSCN.net. I stopped by Blaine's Facebook page to take a look and, well, he probably has more in common with Harold Hamm than he'd like to admit. Posted on May 9, 2019 Oklahoma City-based Continental Resources filed a petition on May 1st, in District Court in Oklahoma County, alleging that multiple defendants and former employees obtained confidential and proprietary information from Continental for personal gain and the benefit of others. Prominent oil executive Robert Hefner V was accused in a newly filed lawsuit of leading what Continental Resources calls the "Hefner scheme." Advertisement A case filedMay 26, 2021 by Perpetual accuses Continental Resources and several current or former employees, a local realtor,his business and a local financial advisor and his firm ofworking together to illegally search its offices inside of a building owned by Blaine Dyer. to use confidential company information to commit honest services wire fraud. We'll keep you advised. Judge Mai also partially dismissed Samuel Macaluso, Continental Resources' director of corporate security, from the lawsuit, but declined to dismiss him completely. Biggs pleaded guilty to a fraud charge before U.S. District Court Judge Jodi W. Dishman in Oklahoma City on Dec. 16, 2020. Who knows?

Biggs has not yet been sentenced, but he faces a maximum of five years of imprisonment or a fine of $250,000, or both, plus a term of supervised release that could last up to two years. RELATED: Continental Resources accused of action 'reminiscent of the Watergate Scandal'. Subscribe to our, Lease or Sell Your Minerals Rights in Oklahoma or Texas . Continental Resources has ended its five-year fight with a North Dakota ranch manager who started his own trucking business nine years ago in the Bakken oilfields. Wolla had sent electronic billing to Continentals Oklahoma City headquarters and Continental tried to argue the alleged overbilling fell under the states Consumer Protection Act. Dyer will undergo a pre-sentencing review involving federal officials while he remains free on bond. A lawsuit against Continental Resources hit a legal hurdle this week when an Oklahoma County District Court judge issued a stay of proceedings until it is determined whether the court has jurisdiction over the case involving the oil giant. Biggs was ordered by a U.S. Magistrate in September to avoid having contact with Lindsey Dawn Biggs and to take submit himself to random drug and alcohol testing after prosecutors claimed he had violated that provision of his pre-sentencing release. EARNIE CORNELIUS INSURANCE AGENCY INC VS CC PERIL CO Et Al, PENNACO NATURAL RESOURCES LLC V. COTERRA ENERGY INC. The case remains pending in Oklahoma County District Court. Even without an appeal, it could be months before the bankruptcy plan takes effect. U.S. crude futures prices have tumbled, with coronavirus-related lockdowns and travel restrictions souring demand as OPEC and other producers waged a price war, sending oil to $13 a barrel this month from $61 at the start of the year. Until his retirement in mid-2021, Eissenstat served as Continental Resources' general counsel, chief risk officer and secretary. This post has been edited to keep it and the comments section in focus. Numerous motions and counter motions seeking evidence plus a motion filed by Hefner's attorney seeking sanctions against Continental Resources were filed in December. "Judge Hetherington's extensive experience on the bench in addition to his service as a discovery master in one of the most complex civil cases in this state's history speaks for itself and confirms he is more than qualified," Continental Resources attorneys stated as part of a filing that put his name forward. He has not yet been sentenced. In October, Perpetual sought to have counsel for defendants disqualified, a request Continental Resources opposed.

In September, Perpetual filed a second amended petition that sought at least $10,000 from Continental Resources. Oklahoma ultimately obtained a $465 million verdict against pharmaceutical giant Johnson & Johnson, Purdue and others, although that verdict was overturned by Oklahoma's Supreme Court about a year ago. Judge Andrews will consider arguments March 9 from Hefner's attorneys seeking summary judgements in their client's favor, court records show. A sentencing hearing before Judge Dishman has not yet been scheduled. Biggs (who remains free on bond) could be required to serve up to five years in prison, be required to pay a fine of up to $250,000 and could be required to participate in a two-year program of supervised release. All quotes delayed a minimum of 15 minutes. In a lawsuit it filed on April 20, 2020, Continental Resources accused Blaine Dyer, Jimmy Dyer and numerous co-conspirators of working with at least one of its employees to cheat the company. As a result, the energy giant is now suing Hefner and his brosephs on a variety of claims, including breaching fiduciary duty, tortious interference with contractual relations, the misappropriation of trade secrets, and the misappropriation of business information. Why is this public record being published online? New lawsuit accuses Continental Resources of 'criminal activity reminiscent of Watergate' Suspected contraband found outside of Lexington prison Local News / May 15, 2023 / 10:11 PM CDT. Jimmy Dyer remains free on bond. ofworking together to illegally search its offices, Perpetual filed a second amended petition, Continental Resources civil, related criminal cases updates provided. Here's how the newspaper reported the story: If you get any creepy DMs from Carol Hefner this week talking about her son's innocence, I guess we know why! Yep, the allegations are false and Hefner looks forward to the opportunity to address his claims. Cheryl Juaire, a Massachusetts woman who lost two sons to overdoses, said she does not know what size payment to expect. He faces prison time of up to five years and/or a fine of up to $250,000. More: In oil-rich Oklahoma, wind drives new power record. The case is Casillas Petroleum Resource Partners v Continental Resources, Tulsa County Oklahoma district court, No. Continental Resources is a ruthless company, and we can't just take their word for granted. An Oklahoma lawyer accused of using ill-gotten confidential business information to defraud oil and gas company Continental Resources Inc. pleaded guilty to conspiracy to commit honest services wire fraud just days before his trial was set to begin. Join us for FREE Team Trivia, FREE Jackpot Bingo and FREE Music Singo at a bar or restaurant near you. Purdue issued its own statement, calling the ruling "a victory for Purdue's creditors, including the states, local governments, and victims who overwhelmingly support the Plan of Reorganization." The U.S. Justice Department did not immediately say whether it would appeal Tuesday's ruling to the U.S. Supreme Court, ask the Circuit Court to review its decision or accept the ruling as is. I guess we know how they afforded all their nice equipment! More: OG&E wants to increase your rates. Finally, one place to get all the court documents we need. In a May 22 amended petition to the Oklahoma County District Court, Continental claimed that former employee Justin Biggs provided Blaine Dyer from the law firm Dyer Coatney & Schroeder with specific drilling plans and the price Continental was willing to pay for leases. The lawsuit is similar to the one Continental filed against Blaine Dyer and his Merry Men back in April of 2020, which Spaulding is connected to as well. He testified that Dyer, who is named as a co-conspirator in a transcript involving Biggs' pleading,had emailed him in December 2013, asking the landman to provide the attorney with Continental Resources' information in exchange for a cut of money both Continental Resources' civil suit and federal prosecutors claim the defendants obtained through their scheme. The focus is on the location of the offending conduct, and such conduct must occur in this state., The justices went on to declare,Conduct which creates a violation of the OCPA must occur within this state in order for the OCPA to be applicable. When you work for an oil company, you're supposed to be blindly loyal to that company and help them exploit and profit from all the valuable resources found deep inside the earth. Whether you deliver or mail your complaint to the court, Perpetual, a company that acquires minerals, royalties, non-operated working interests, and leasehold in targeted basins across the United States, filed the latest lawsuit in Oklahoma County District Court. Making a false statement on a loan application. If such offending conduct occurs in more than one state then a court must determine where the conduct primarily and substantially occurs., https://law.justia.com/cases/oklahoma/supreme-court/2022/120039.html?utm_source=summary-newsletters&utm_medium=email&utm_campaign=2022-05-04-oklahoma-supreme-court-dd3dfb992e&utm_content=text-case-read-more-1, Oil and gas rig counts keep falling in Oklahoma and other states, Forever chemicals in New Mexico lead to lawsuit by Attorney General, Friday proved to be a strong day for crude oil and Oklahoma energy stocks. Nine times out of 10, that's code for he's a shady screwball with no ethics who will eagerly launch a clandestine operation to acquire another company's trade secrets, and then stupidly leave behind the text message receipts. MORE: OKC police search for suspects, next-of-kin after apparent homicide. Until his retirement in mid-2021, Eissenstat served as Continental Resources' general counsel, chief risk officer and secretary. Patrick is the founder, editor and publisher of The Lost Ogle. 2011 MOTION, 01/05/2023: DEFENDANTS ROBERT HEFNER, V AND HEFNER ENERGY, LLC'S COMBINED (1) RESPONSE TO PLAIN 'S MOTION TO COMPEL DISCOVERY FROM ROBERT HEFNER, V AND HEFNER ENERGY, LLC, AND (2) REPLY IN SUPPORT OF MOTION TO COMPEL RESPONSES AND PRODUCTION FROM CONTINENTAL, HearingEvent: Defs Robert Hefner & Hefner Energy's Motion for Sanctions under 12 Okla. Stat. Oklahoman View Comments The purported ringleader of an alleged scheme to get rich off Continental Resources' confidential drilling plans now faces federal criminal charges in Oklahoma City related to the same allegations, an indictment unsealed Thursday shows. A sentencing hearing has not been scheduled. The complaint can be filed by hand-delivering it or mailing it to the clerk's office, Orrin G. Hatch United States Courthouse, Room 1.100, 351 South West Temple, Salt Lake City, Utah 84101. The Sackler family, the wealthy owners of Purdue Pharma, will be shielded from future lawsuits related to the opioid epidemic under a plan approved by a U.S. federal appeals court. May 1, 2019 Oklahoma City's Continental Resources Inc. revealed in a SEC filing this week it is paying tens of millions of dollars to settle a class-action that alleged underpayment of royalties in Blaine County, Oklahoma. Judge Bonner ruled in February 2022 the trial against Dyer and the others could proceed after they attempted to have the case thrown out because they claimed Continental didn't follow required guidelines to gather evidence as part of its case. Continental Resources vs. Dyer, et. A sentencing hearing has not been scheduled. According to federal court documents, Biggstestified in a plea petition thathe had worked for Continental Resources as a landman from March 2011 throughMarch 2020. On Feb. 16, 2023, James "Jimmy" Dyer pleaded guilty to a single count of conspiracy to commit wire fraud in exchange for the other charges to be dropped, admitting that he agreed with one or more persons to violate the law, knew the essential object of the conspiracy, knowingly and voluntarily participated and knew there was interdependence among members of the conspiracy. When search suggestions are available use up and down arrows to review and enter to select. The cousins are targeted as principal defendants in the company's 2020 civil suit. An Oklahoma City federal judge has ruled in favor of Continental Resources in a lawsuit in which it accused a North Dakota oilfield firm over fraudulently overbilling the Oklahoma company more than $2 million. However, Judge Mai did dismiss Eric Eissenstat from the case. The Oklahoma Supreme Court ruled against Continental Resources Inc. this week in a lawsuit in which the Oklahoma City-based oil and gas company alleged it had been overbilled $2.4 million by a North Dakota oilfield company. 2022-11-23, Kingfisher County Courts | Other | This article originally appeared on Oklahoman: Continental Resources civil, related criminal cases updates provided, Most Iconic Swimsuit Moments In Movies History, Continental Resources accusedBlaine Dyer, Jimmy Dyer and numerous co-conspirators. CJ-2020-1346. Sackler family members and Purdue also praised the decision. Continental Resources claims it has lost millions through royalty scams where others purportedly used the company'sconfidential business resources to acquire mineral rights cheaply, and then make substantial profitsthrough subsequent transactions. The lawsuit was filed against Wolla Oilfield Services and its owner Jason Wolla in March of 2020. The suit claims a Continental Resources representative gained access to its offices leased space inside a for-sale building owned by Dyers law firm by fraudulently posing as a potential out-of-state buyer. He has not yet been sentenced. The case status is Pending - Other Pending. the trial against Dyer and the others could proceed, verdict was overturned by Oklahoma's Supreme Court, accuses Hefner, two of his companies, two other named defendants, five Jane and John Does and five unnamed entities, In oil-rich Oklahoma, wind drives new power record. Joe White, part of a team of attorneys representing Dyer in his civil suit against Continental Resources, said Monday "I cannot speak to why Justin Biggs said what he said at his plea. On March 19, it disclosed a 55% reduction in 2020 spending and three weeks later suspended its dividend and reduced output by 30% for April and May. Those protections are at the heart of the proposed deal that would end claims filed by thousands of state, local and Native American tribal governments and other entities. Biggs (who remains free on bond) could be required to serve up to five years in prison, be required to pay a fine of up to $250,000 and could be required to participate in a two-year program of supervised release. The lawsuit states that industry analysts have set their target price of Continental shares higher than $70, with some analysts saying the price should be closer to $100. As part of his deal, Dyer agreed not to appeal his conviction. He's the crooning frontman of Weekend Allstars, and I think 3am, and probably a bunch of other local cover bands that have been getting people across the metro laid for the past decade. 2023-05-19, Canadian County Courts | Contract | Bankrupt OxyContin maker Purdue Pharma can shield its owners, members of the wealthy Sackler family, from opioid lawsuits in exchange for a $6 billion contribution to the company's broader . Here's what we know about what happens next. Continental Resources sues attorney, former employee on fraud claims, Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders, Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up, Insight Weekly: Bank oversight steps up; auto insurers dismal year; VC investment slumps, Insight Weekly: Renewables lead capacity additions; bank mergers of equals up; nickel IPOs surge. Numerous motions and counter motions seeking evidence plus a motion filed by Hefner's attorney seeking sanctions against Continental Resources were filed in December. Hetherington, a member of the National Academy of Distinguished Neutrals who retired from the bench in 2016, served as the discovery master in the landmark opioids case, Oklahoma versus Purdue Pharma, et. Here are the allegations that Continental outlined in a revised petition filed on May 22nd in Oklahoma County District Court. Biggs pleaded guilty to a fraud charge before U.S. District Court Judge Jodi W. Dishman in Oklahoma City on Dec. 16, 2020. Basically, Continental Resources is alleging that Spaulding and a cohort named Justin Woody conspired with a Continental employee named Matt Powe to acquire land and mineral rights in areas where the company secretly planned to do business. Coatney, an attorney who was the law partner with Blaine Dyer, was accused of working with Biggs and others to use confidential Continental Resources information involving its drilling plans to commit honest service wire fraud. ; Count: 1, Issue #1; Issue: FRAUD(FRAUD); Filed By: Continental Resources Inc.

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