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Hugoton Royalty Trust Message Board

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  • ape1968 ape1968 Aug 9, 2012 8:39 PM Flag

    Trustee objects to XOM/XTO's charge of 80% of settlement: Arbitration

    Appears the trustee has listened to unit holders and looked at the facts. It is doubtful they would take this step without having a very good case. I am pleased they have listened and are taking steps to protect the interests of the unit holders.

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    • But so far the trustee only addresses XTO's assertion that unit holders should pay to offset what appears to be only XTO's unjust enrichment. We have at least two other issues on the table: NGL proceeds and potential overcharging by Timberland. So keep writing letters to Nancy.

 
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