Company Sues Natural Gas Producer

An eastern Kentucky company sues the region's largest natural gas producer, claiming it underpaid landowners millions of dollars in royalties.

Pikeville-based Applachian Land Company says equitable land improperly takes out production costs and severance taxes from the market price on gas produced on private land.

The suit claims equitable shorted landowners 45 million dollars.

Equitable says it’s consistent with their contracts and business practices in Kentucky.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus


2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Register for Email
RSS Feeds
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 25069509 -
Gray Television, Inc.