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This article originally appeared on Oklahoman: Continental Resources civil, related criminal cases updates provided, Continental Resources accusedBlaine Dyer and numerous co-conspirators. The case is Casillas Petroleum Resource Partners v Continental Resources, Tulsa County Oklahoma district court, No. 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. MORE:OKC police search for suspects, next-of-kin after apparent homicide. Louis Investor was not, in fact, from St. Louis. Continental Resources has gone to court, filing a lawsuit against former employee, Levi Pack, a geologist accused of uploading company data and creating a program to give him remote access to Continental data on his cell phone. Have your oil & gas questions answered by industry experts. Continental Resources, for its part, is said tohave stopped drilling operationsand shut in most of its wells in North Dakota in light of the dire market conditions in the U.S. shale patch. ; Count: 1, DocketIssue #1; Issue: FRAUD(FRAUD); Filed By: Continental Resources Inc, Oklahoma Supreme Court | Probate | In a lawsuit it filed on April 20, 2020, Continental Resources accusedBlaine Dyer and numerous co-conspirators of workingwith at least one of its employees to cheat the company out of millions of dollars "through a series of fraudulent, disguised transactions using Continental's most confidential business information" involving its future drilling plans. While his criminal trial with co-defendant Blaine Dyer is scheduled in February, the federal judge in the case has given attorneys until Dec. 28 to tell her how the additional charge against Blaine Dyer could impact how the case proceeds. During a February 2014 blizzard, a Continental Resources pickup that was passing through the Cave Hills area of northwestern South Dakota struck and killed two cattle that belonged to Janvrins relatives. The civil suit filed by Continental Resources against Dyer and numerous other defendants was highlighted by a story published last week in The Oklahoman after the oil and gas company visited a property Dyer had listed for sale,promptingone of Dyer's tenants to file alawsuit against Continental in May. And the best part of all, documents in their CrowdSourced Library are FREE! Coatney, an attorney, was accused of working with Biggs and others to use confidential Continental Resources information involving its drilling plans to commit honest service wire fraud. Last week, Doggett amended his lawsuit with renewed claims against Hamm, Continental and its leaders and accused them of breach of their fiduciary duties. However, White argued the company first should have notified Dyer's legal team of its concerns and argued those before a judge to see whether the stay blocking discovery involving Dyer should have been lifted. My client is innocent.". (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 crashed. According to information filed as part of the criminal case, Dyer could face up to 30 years in prison, a $1 million fine and be forced to forfeit any proceeds he obtained if he were found guilty of those initial charges. Here's the latest information about the cases andtheir statuses. 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. Seven counts of honest services wire fraud. All quotes delayed a minimum of 15 minutes. However, it dismissed him as a defendant in that case on Dec. 9, 2020. Trump announced in a release on Tuesday that he will travel to Columbia, S.C., to reveal the leaders of []. PENNACO NATURAL RESOURCES LLC V. COTERRA ENERGY INC, THE APPLICATION OF: GLENPOOL WEST GATHERING, LLC, CIVIL MISCELLANEOUS. Subscribe to our FREE weekly newsletter and stay current on the latest in oil and gas news on the most active areas, including the Scoop and Stack Plays. Continental slammed the brakes on spending and oil production as prices nosedived. The jury awarded Janvrin his full request for compensatory and punitive damages. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Our Standards: The Thomson Reuters Trust Principles. Perpetual was merely an innocent bystander caught in Continentals crusade against Mr. Dyer, the suits petition states. 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 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. Perpetual was merely an innocent bystander caught in Continentals crusade against Mr. Dyer, the suit said. Prominent oil executive Robert Hefner V was accused in a newly filed lawsuit of leading what Continental Resources calls the "Hefner scheme." Advertisement Both lawsuits were brought Monday under a 2019 state law that extends the right of people who say they were abused as children to sue until their 30th birthday a decade longer than before.</p> <p . Biggs, a one-time senior landman at Continental Resources, was accused of working with a co-conspirator he had hired to securemineral rights for the company and others to use confidential company information to commit honest services wire fraud. Case Details Parties Documents Dockets. He also testified that he had received and deposited four checks from co-conspirators as part of the scheme. Reporting by Liz Hampton; Editing by David Gregorio. It claims Dyer and othersthen soldthose rights to Continental or executed drilling leases with the companyat much higher values than what it should have paid. 74-89% of retail investor accounts lose money. Continental Resources Inc. filed a civil lawsuit accusing a title lawyer and a former employee of improperly using the company's confidential drilling information to acquire mineral blocks Continental intended to pursue and resell them to Continental at higher prices. I've stolen from plenty of my former employers over the years, especially when I was poor and waited tables at Applebee's, but if true, that's quite a bold scheme. According to the lawsuit filed by Casillas . Here's what we know about what happens next. The case status is Pending - Other Pending. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. I remember I was sitting on the rear end of one of those trailers, and I just couldnt believe it.. The majority of CTAP's business came from Continental, an Oklahoma-based, top-10 U.S. oil producer and the largest leaseholder in the Bakken region, according to documents filed in the lawsuit. Criminal case tied to 'Watergate scandal' civil action in state court 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. Numerous motions and counter motions seeking evidence plus a motion filed by Hefner's attorney seeking sanctions against Continental Resources were filed in December. Finally, one place to get all the court documents we need. It also suspended its quarterly dividend until further notice as part of its proactive strategy to manage cash flow in a challenging commodity price environment., Oil Storage Crisis Deepens As API Reports Very Large Crude Inventory Build, Another Big Shale Driller Stops Operations In The Bakken, Colonial Shuts Key Fuel Pipeline To The U.S. Northeast, Saudis Wont Let Oil Stay At $75: Pioneer CEO, U.S. Hell get seated on committees, McCarthy said in the Capitol when asked if he would be assigned to any panels. On May 4 2022, Judge Bonner considered a request filed by an attorney representing defendant James "Jimmy" Dyer (Blaine's cousin) that requested to pause the entire civil case until a federal fraud indictment he expected to receive was adjudicated. Get the Android Weather app from Google Play, Police chief reacts to new details in missing child, Del City PD respond to shots fired at basketball, Enid police searching for missing 10-year-old girl, Suspect allegedly kills himself after car chase in, Streaking Thunder Topple Another East Power, UGa player killed in wreck after title celebration, Sherfield Propels Sooners as they Survive Scare from, AP source: Hamlin visits teammates for 1st time since, Warm January days lead to issues for allergy sufferers, Unfavorable market conditions lead to healthcare, The 10 airports where TSA found the most guns, Home Depot repairs vets burned down garage for free, 4 Seniors: Caregiving tips for long distance, OSBI: Remains of a child found in Grady County, OK Co. Read more here: Camp Lejeune Lawsuit Claims. Lawsuit against Continental Resources detailed The suit claims a Continental Resources representative gained access to its offices leased space inside a for-sale building owned by Dyer's law firm by fraudulently posing as a potential out-of-state buyer. That would be over $1. Trading and investing carries a high risk of losing money rapidly due to leverage. The price crash of the past month and a half has upended deals for several major companies, including from BP, whichchanged some of the termsof a $5.6 billion sale of its Alaskan business, which analysts think may see the supermajor receive lower cash component for the deal this year. 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. 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. But Continental got cold feet and proposed to postpone the closing. OKLAHOMA CITY An Oklahoma company has alleged an executive stole their secrets to make money. Janvrin sued Continental Resources in 2014 for cutting him out of the trucking business in the Bakken oilfield of North Dakota. Its lawsuit describes what happened as being reminiscent of Watergate, adding, this was not an overly eager mid-level employee at Continental trying to showcase his or her skills and loyalty; rather, this illegal theft operation to gather information on Blaine Dyer involves a full-blown conspiracy and collusion between upper-echelon executives of Continental, the personal financial adviser of oil tycoon Harold Hamm, as well as a prominent Oklahoma City Realtor. Why is this public record being published online? Like his cousin, Jimmy Dyer could be fined up to $1 million. Louis Investor interested in purchasing the space in order to gain access to private documents. Continental Resources is a ruthless company, and we can't just take their word for granted. New to ClassAction.org? ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. Parties have agreed to meet in a pretrial conference at 9 a.m. on Sept. 20, 2023. Regulator Approves Restart Of Keystone Oil Pipeline, Oil Drops On Huge Unexpected Crude Inventory Build, OPECs Second-Largest Oil Producer Issues Arrest Warrant For Donald Trump, Shale Giant Pioneer Explains Why U.S. Drillers Wont Drill More, The 10 Most Influential Figures In The History Of Oil, Washington Has Trouble Refilling The SPR After 220 Million Barrel Draw, Why Oil And Gas Companies Are Considering Green Hydrogen. Before that, though, Dyers attorney Joe White sent a letter complaining about Continental Resources conduct to the U.S. Attorneys Office for the Western District of Oklahoma in Oklahoma City. On Monday, BP agreed to restructure a $5.6 billion sale of Alaska oil properties to Hilcorp Energy. 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.. 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. April 8, 2016. back on april 20th, when you were hopefully stoned out of your mind, continental resources quietly filed a lawsuit against one of their former attorneys - blaine dyer; a former landman for the company - justin biggs; and about 48 other people, llcs, local musicians, etc., from oklahoma and texas alleging they all worked together to cheat the al, which was tried in Cleveland County District Court. Labor shortages are reported in the Permian Basinfirms blame immigration rules. Continental Resources is a proud recipient of the Energy ESG Top Performer Award. A Continental supervisor in the companys Harding County field office was miffed about the article. See here for a complete list of exchanges and delays. Continental says the showing was not a criminal attack on Perpetual, but rather a legal review of claims that Dyers building contained property belonging to Continental., Perpetual vs Continental by KayleeDD on Scribd. To start a Class Action lawsuit, please sign the Continental Resources, Inc. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. A small privately held oil and gas company from Tulsa, Oklahoma, is suing Continental Resources over a deal from which Continental withdrew after oil prices plunged in early March, Reutersreportedon Tuesday, citing a lawsuit filed with the Tulsa County District Court. ; Count: 1, Issue #1; Issue: FRAUD(FRAUD); Filed By: Continental Resources Inc. As a reporter, I rely on UniCourt to keep on top of the latest filings and developments on cases involving celebrities and corporations. In September, Perpetual filed a second amended petition that seeks at least $10,000 from Continental Resources. 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. According to the plaintiffs, Casillas Petroleum, Continental Resources backed out of a deal to buy oil and gas properties from Casillas. On March 6, the day a supply pact by OPEC and allies collapsed, Continental agreed to buy oil and gas properties from Tulsa, Oklahoma-based Casillas. Who knows? One day we were going great guns, and the next day we were completely out of business, Janvrin recalled Friday. Continental has admitted it. It's considered a challenge of the Biden administration's anti-fossil fuel moves taken immediately after he took office. On Sept. 19, Barker filed a notice that Continental had finally paid Janvrin. But Continental got cold feet and proposed to postpone the closing due to changes in the oil and gas markets, and then terminated the agreement on March 24 citing title and other problems, the lawsuit alleged. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. OSDH: Almost 9,500 active cases of COVID-19 in OK, OSDH: Oklahomas COVID-19 hospitalizations increase, Nurse honored for devotion to patients with mental, Special needs teacher also runs hospice care for, Woman pays it forward for children during the holidays, Mom gives young Tinker airmen a home away from, Small town animal welfare officer makes big difference, Oklahoma woman helps cancer patient, others in need, St. Anthony Hospital employee Pays It Forward, Oklahoma History Center employee Pays It Forward, Its amazing! 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The suit goes on to say Continental used the realtor to access private offices to take photos of the confidential information. Sen. Lindsey Graham (R-S.C.) will join former President Trump later this month for the launch of his 2024 South Carolina campaign team, the first major event of the calendar year for the former presidents reelection campaign. 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. Screwing your employer and working a flawed system to your financial advantage is unethical and wrong! Two children were sexually abused by Catholic priests about 40 years ago in an Arizona parish and the Roman Catholic Diocese of Phoenix covered up the problem, according to newly filed lawsuits. More: In oil-rich Oklahoma, wind drives new power record. Melaneys advice led Janvrin to Kenneth Barker, a lawyer in Belle Fourche with experience in oil-industry cases. Coatney is scheduled to appear at 2 p.m. Wednesday before U.S. District Court Judge Jodi Dishman to enter a plea on the charge he faces. Here's what we know about what happens next. Dyer's attorney, Joe White, agreed Continental Resources should have been able to pursue looking into whether the tip had any merit. 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. Company has alleged an executive stole their secrets to make sure you have necessary... Finally paid Janvrin we ca n't just take their word for granted in... Next day we were completely out of the Energy ESG Top Performer Award Rights Reserved if you to. Company has alleged an executive stole their secrets to make sure you have the necessary supplies on to! 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