Jimmy Dyer remains free on bond. Trading and investing carries a high risk of losing money rapidly due to leverage. Biggs pleaded guilty to a fraud charge before U.S. District Judge Jodi W. Dishman on Dec. 16, 2020. 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Here's what we know about what happens next. According to the lawsuit filed by Casillas Petroleum, Continental first proposed a delay in the closing date of the deal. 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. 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. Like his cousin, Jimmy Dyer could be fined up to $1 million. Continental Resources and three of its employees will get a Feb. 14, 2023 hearing on their requests to have the case dismissed. Well, he's not. This material may not be published, broadcast, rewritten, or redistributed. 2022-09-30, Okfuskee County Courts | Other | In the lawsuit, the smaller firm is asking the court to order Continental to complete the acquisition and pay attorneys fees and other costs to Casillas. 2023 www.oklahoman.com. Reporting by Liz Hampton; Editing by David Gregorio. According to the plaintiffs, Casillas Petroleum, Continental Resources backed out of a deal to buy oil and gas properties from Casillas. The deal was set to close roughly three weeks later, according to a lawsuit filed in Tulsa County District Court in Oklahoma. Continental Resources is a proud recipient of the Energy ESG Top Performer Award. One day we were going great guns, and the next day we were completely out of business, Janvrin recalled Friday. 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. Continental Resources claimsDyer and his colleaguesused its information to acquire large blocks of mineral rights theyexpected the company would seek to buy or execute leases with owners forbefore drilling those lands. 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. The filing showed the payments went to 16,653 members with an average claim of $1,389.36. He also testified that he had received and deposited four checks from co-conspirators as part of the scheme. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. OSDH: Over 17,500 Oklahomans have died from COVID-19, Muscle aches, pains among top new COVID symptoms, Most long COVID resulted from mild illnesses: study, OSDH: Over 400 Oklahomans hospitalized with COVID-19, What to know about XBB 1.5, USs top COVID variant, OSDH: Hospitalizations related to COVID-19 climb. If you do not agree with these terms, then do not use our website and/or services. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. 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. 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. Continental Resources, some of its current or former employees and other companies also arebeing suedafter an oil company employee searchedthe office of a small independent producer who rented space in a building owned by one of the principal defendants in the 2020 case. ofworking together to illegally search its offices, Perpetual filed a second amended petition, Continental Resources civil, related criminal cases updates provided. Seven counts of honest services wire fraud. On 04/22/2022 Continental Resources Inc filed a Property - Other Property lawsuit against Hefner, Robert V. This case was filed in Oklahoma County Courts, Oklahoma County Courthouse located in Seminole, Oklahoma. Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Subscribe to our, Lease or Sell Your Minerals Rights in Oklahoma or Texas . Numerous motions and counter motions seeking evidence plus a motion filed by Hefner's attorney seeking sanctions against Continental Resources were filed in December. 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. All rights reserved. Continental Resources lost an appeal of the verdict this past August and decided to pay Janvrin rather than pursue a further appeal to the U.S. Supreme Court. Continental's lawsuit was against Wolla Oilfield Services, LLC, a North Dakota limited liability company that operates as a Who knows? 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. Continental Resources quietly filed a lawsuit. Continental Resources is a ruthless company, and we can't just take their word for granted. The comments come after McCarthy last week [], A number of prominent Democrats voiced their support over the weekend for Attorney General Merrick Garlands decision to appoint a special counsel to investigate President Bidens handling of classified documents. 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. 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. On Monday, BP agreed to restructure a $5.6 billion sale of Alaska oil properties to Hilcorp Energy. 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, Crude prices made gains after federal holiday in the US, Rep Coleenergy security is national security, EV ban proposal dies in Wyoming legislature. CJ-2020-1346. Today's non-award-winning TLO conduct is presented by the Grand Spa @ Grand Casino & Resort! He has not yet been sentenced. While his criminal trial with co-defendant James "Jimmy" Dyer is scheduled in February, the federal judge in the case has given attorneys until Dec. 28 to tell her how the additional charge could impact how the case proceeds. The majority of CTAPs 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. Janvrin said a friend who had worked as a lawyer in Alaska, Tom Melaney, told him Continentals conduct was illegal. Here's more of what Continental calls "The Dyer Scheme:". By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Continental Resources faces a proposed collective action in which the plaintiff claims the oil company deliberately failed to pay overtime wages. It then terminated the agreement on March 24. 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. 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 company out of $5 million via what one Ogle Mole called one of "the oldest / dirtiest tricks in the oil and gas or title attorney book.". 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. Here's what we know about what happens next. Before commenting, please review our comment policy. Janvrin formed J&J Trucking in 2010. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. The plaintiff, who worked as a completion supervisor for the defendant from June 2011 through December 2016, claims he was paid a salary but no overtime wages . Coatney pleaded guilty to the charge before U.S. District Judge Dishman on Oct. 6, 2021. Lawyers present arguments in lawsuit against City of Phoenix over 'The Zone' Lawyers representing business owners in a Central Phoenix area known as 'The Zone' accused city officials of using a . Continental Resources (NYSE: CLR) has withdrawn a lawsuit it filed last month that accused the Biden administration of unlawfully delaying 50 drilling permits in North Dakota, which the company . It was Continental Resources' founder Harold Hamm who said in early March that the Saudi move to flood the global market with crude oil was illegal.. However, Andrews agreed to dismiss Hefner Energy Holdings (a business Hefner closed) from the case during a subsequent September hearing. 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Cancellation and Refund Policy, Privacy Policy, and 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. Prosecutors claim Coatney made at least $12,000 for the part he played in the scheme to defraud Continental Resources. 2022-07-07. According to the lawsuit filed on April 15, the two companies struck the agreement on March 6. Continental Resources claimsDyer and his colleaguesused Continental Resources' information to acquire large blocks of mineral rights it expected the company would seek to buy before drilling those lands,then soldthose to Continental at much higher values than what they hadpaid. Coatney 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. OKLAHOMA CITY An Oklahoma company has alleged an executive stole their secrets to make money. 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 Oil prices went into a tailspin after Saudi Arabiapromised to flood the market with oil, which it did for most of March and April, before promising to curtail supply as part of thenew OPEC+ agreementto prevent further price slides. 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. Law360 (March 5, 2020, 5:46 PM EST) -- Oil and gas driller Continental Resources Inc. filed a racketeering lawsuit in Oklahoma federal court accusing a North Dakota oilfield services provider of a . Rather, is was a Continental operative, who was sent for the sole purpose of invading the office to access confidential information, said the suit. The largest payment was $609,130.95 but the recipient was not revealed. But Continental got cold feet and proposed to postpone the closing. 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. 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. 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. Labor shortages are reported in the Permian Basinfirms blame immigration rules. Last week, he called for futures market regulators to investigate potential market manipulation after oil futures turned negative for the first time. I would post a response from one of the scores of people that were sued, but no one has filed one yet. In October, Perpetual sought to have counsel for defendants disqualified, a request Continental Resources is fighting and something the judge has not yet addressed. Our team of experts has selected the best teeth whitening gel out of hundreds of options. Click below and ask a question to one of our oil & gas industry experts. Dyer's attorney, Joe White, agreed Continental Resources should have been able to pursue looking into whether the tip had any merit. The Bureau of Land Management has been sued by Oklahoma City's Continental Resources in federal court over delays of dozens of North Dakota drilling permits for federal lands. 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. Retainer Agreement. That would be over $1. A guilty plea in federal court submitted by a former Continental Resources employee is related to acivil suit filed in Oklahoma County District Court by the oil and gas company against Oklahoma City attorney Blaine Dyer and numerous other defendants. According to federal court documents, Biggstestified in a plea petition thathe had worked for Continental Resources as a landman from March 2011 throughMarch 2020. Last week, Doggett amended his lawsuit with renewed claims against Hamm, Continental and its leaders and accused them of breach of their fiduciary duties. Four hours after Janvrins comments were published in the newspaper, a CTAP official called to tell him that CTAP would no longer do business with J&J Trucking. Read more here: Camp Lejeune Lawsuit Claims. 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. New to ClassAction.org? 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. Most of J&J Truckings business came from CTAP LLC, an equipment supplier with a location in Bowman, North Dakota. Anti-aging serums in particular offer many benefits to aging and mature skin. Continental stated through filings it doesn't have a complete estimate of how much it overpaid for minerals as a result of the allegedscheme, given "extensive efforts to disguise and conceal the transactions and launder the proceeds" by defendants targeted as part of its suit. Continental Resources, through attorney Nicholas Merkley at Gable Gotwals, wrote White in response to let him know the building indeed had been toured by a representative of the oil and gas company. Casillas could not immediately be reached for comment on the suit, filed on April 15, which asks the court to order Continental to complete the purchase and pay Casillas attorneys fees and other costs. Please look at the time stamp on the story to see when it was last updated. You can also receive an offer to lease or buy your minerals. Oklahoma County District Court Judge Don Andrews will consider arguments March 9 from Hefner's attorneys seeking summary judgements in their client's favor, court records show. Janvrin had employed up to 29 people, many of them local ranchers who used the jobs to help pay bills on their ranches. James "Jimmy" Dyer is accused of conspiracy to commit honest services wire fraud and seven counts of honest services wire fraud. One day youre idling along and the next day you have this windfall, Janvrin said. Here's the latest information about the cases andtheir statuses. The crossroads of energy information for mineral owners in Oklahoma and Texas. The company launched one civil suit in 2020 and a second one in 2022 that targets specific individuals and companies for roles it claims they played in those alleged schemes. The company employed other local ranchers as truck drivers to haul drilling pipes for customers in the booming North Dakota oil industry. 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. 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. 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. Once inside the building, the lawsuit claims a Continental representativeaccessed and photographed confidential records belonging to Perpetual. It was Continental Resources founder Harold Hamm whosaidin early March that the Saudi move to flood the global market with crude oil was illegal. Start Trading CFDs Over 2,200 Different Instruments, Saudi Arabia Aims To Become The Worlds Fastest-Growing Economy In 2023. Lawmakers including Reps. Adam Schiff (D-Calif.), Ilhan Omar (D-Minn.) and Sen. Raphael Warnock (D-Ga.) said in TV appearances that they supported the appointment of Robert []. I don't believe the lawsuit has been reported by any media outlet. 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. The suit goes on to say Continental used the realtor to access private offices to take photos of the confidential information. A federal grand jury handed down a superseding indictment on Dec. 19 that accuses Dyer of the above listed crimes plus another making a false statement on a promissory note and commercial guaranty. Melaneys advice led Janvrin to Kenneth Barker, a lawyer in Belle Fourche with experience in oil-industry cases. That being said, let's give these people the benefit of the doubt. Blaine Dyer remains free on bond. Barker filed a lawsuit on Janvrins behalf in July 2014, and the case was tried Jan. 10-12, 2017, at the federal courthouse in Rapid City. 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