Slawson Exploration Company, Inc. v. U.S. Energy Development Corporation

Justia Dockets & Filings Tenth Circuit Colorado District Court Slawson Exploration Company, Inc. v. U.S. Energy Development Corporation

Slawson Exploration Company, Inc. v. U.S. Energy Development Corporation

Petitioner:	Slawson Exploration Company, Inc.
Respondent:	U.S. Energy Development Corporation
Case Number:	1:2017cv01248
Filed:	May 23, 2017
Court:	US District Court for the District of Colorado
Office:	Denver Office
County:	Denver
Presiding Judge:	Kathleen M. Tafoya
Nature of Suit:	Arbitration
Cause of Action:	9 U.S.C. § 9
Jury Demanded By:	None

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Date Filed	Document Text
June 20, 2018	Filing 28 ORDER. Petitioner's Motion for Order Confirming Arbitration Award andDirecting Entry of Judgment 18 is GRANTED. The award of Arbitrator Boyd N. Boland, executed on May 11, 2017 and attached hereto as Exhibit A (the Award), is CONFIRMED. U.S. Energy Development Corporation shall be liable to Slawson Exploration Company, Inc. in the amount of $30,033.97. Post-judgment interest, accruing on any unpaid portions of the Award from the date of entry of Final Judgment in this Court until th e judgment is paid in full, is awarded in accordance with the rate and method of calculation set forth in 28 U.S.C. § 1961. U.S. Energy Development Corporation shall pay DrillingPromotes on (1) any well in which U.S. Energy participates which i s located on a lease acquired by U.S. Energy pursuant to the parties' Exploration Agreement and (2) any well drilled on lands covered by pooling orders that include such leaseholds. U.S. Energy Development Corporation has no continuing liability for Drilling Promotes on wells drilled on the leases assigned by U.S. Energy to Emerald Oil, Inc., to which Slawson Exploration Company, Inc. consented. Within 14 days of the entry of this Order, petitioner may have its costs by filing a Bill of Costs with the Clerk of the Court. This case is closed, by Judge Philip A. Brimmer on 6/20/18. (sgrim, ) (Additional attachment(s) added on 6/21/2018: # 1 Exhibit A) (sgrim, ).

Date Filed

Document Text

June 20, 2018

Filing 28 ORDER. Petitioner's Motion for Order Confirming Arbitration Award andDirecting Entry of Judgment 18 is GRANTED. The award of Arbitrator Boyd N. Boland, executed on May 11, 2017 and attached hereto as Exhibit A (the Award), is CONFIRMED. U.S. Energy Development Corporation shall be liable to Slawson Exploration Company, Inc. in the amount of $30,033.97. Post-judgment interest, accruing on any unpaid portions of the Award from the date of entry of Final Judgment in this Court until th e judgment is paid in full, is awarded in accordance with the rate and method of calculation set forth in 28 U.S.C. § 1961. U.S. Energy Development Corporation shall pay DrillingPromotes on (1) any well in which U.S. Energy participates which i s located on a lease acquired by U.S. Energy pursuant to the parties' Exploration Agreement and (2) any well drilled on lands covered by pooling orders that include such leaseholds. U.S. Energy Development Corporation has no continuing liability for Drilling Promotes on wells drilled on the leases assigned by U.S. Energy to Emerald Oil, Inc., to which Slawson Exploration Company, Inc. consented. Within 14 days of the entry of this Order, petitioner may have its costs by filing a Bill of Costs with the Clerk of the Court. This case is closed, by Judge Philip A. Brimmer on 6/20/18. (sgrim, ) (Additional attachment(s) added on 6/21/2018: # 1 Exhibit A) (sgrim, ).

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Petitioner: Slawson Exploration Company, Inc.
Represented By:	Michael T. Williams
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Respondent: U.S. Energy Development Corporation
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