PostRock Announces Settlement

Comments
Loading...
PostRock Energy Corporation PSTR today announced that the District Court of Nowata County, Oklahoma has preliminarily certified a class and approved a settlement of all claims against the Company by its royalty owners in the State of Oklahoma. Following a 30 day period during which members of the Class may opt out, a hearing on final approval of the Settlement will be held July 28. A total of $5.6 million will be paid to the claimants. The cost of the Settlement had been fully reserved at March 31, 2011.
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!