Lawsuit claims Encino underpaid landowners at least $5M for royalties

A recently-filed class action lawsuit claims Encino Energy and its affiliates underpaid landowners in Columbiana and Carroll counties in Ohio at least $5 million for oil and natural gas royalties, according to Farm and Dairy. The lawsuit was filed in the U.S. District Court for the Northern District of Ohio on Oct. 18 by the

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Encino to follow strategy of stable development

Encino may have retained Chesapeake’s office and 110 employees; however, it’s committing to a business model of its own, according to the Canton Repository. Texas-based Encino Energy plans to focus on proven reserves and a healthier balance sheet rather than spending freely to explore new areas and accumulating debt. Encino Energy, a partner in Encino

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