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After being denied the right to drill, Trinity East Energy sues Dallas
An online report in the Dallas Business Journal revealed that Fort Worth-based Trinity East Energy has filed a lawsuit against the city of Dallas Thursday, February 16, over accusations that the city committed breach of contract, inverse condemnation, an unconstitutional taking, and fraud.
According to the lawsuit, the city of Dallas denied Trinity East its right to drill and to create a compressor station on the northwest border of the city despite the fact that the company paid the city $19 million for property leases in 2008. The company had bought the minerals from the city with the plan to drill for them.
The company demands recoup from the damages it has incurred. A total of $30 million has been invested by Trinity East to drill natural gas in the area, but its claim might become higher due to lost profits caused by the inability to sell natural gas.
Our team at The Mineral Auction is equipped with the knowledge and experience needed to guide you through the process of selling your mineral rights. Call us today at (512) 698-2802 to know more about how we can help you sell your mineral rights and get the best price possible.
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If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
