US Litigation Conclusion

Source: www.gulfoilandgas.com 9/25/2020, Location: North America

In June 2018, Cue Energy Resources Ltd and Cue Resources Inc. were named as defendants, along with a number of other companies, in litigation in Texas, USA in relation to the Pine Mills oilfield. The case is entitled Hammerhead Managing Partners, LLC v. Nostra Terra Oil & Gas Company, PLC, et al., In the United States District Court For the Northern District of Texas, No. 3:18-cv-1160 The parties to the litigation have entered into a settlement agreement that fully and finally concludes the litigation and dismisses it in its entirety. Cue’s financial contribution to the settlement was US$350,000.


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