Johnston et al. v. Camino Natural Resources, LLC
Johnston v. Camino Settlement
1:19-cv-02742-CMA-SKC

Welcome to the Johnston v. Camino Settlement Website

If you have received a payment for oil and gas proceeds from Camino Natural Resources LLC in Oklahoma, you could be a part of a proposed class action settlement

Important Update: Following the Final Fairness Hearing on May 12, 2021, the Court entered its Judgment granting final approval to the settlement as well as an order awarding fees, expenses, and case contribution awards and an Initial Plan of Allocation Order. Copies of these documents are available for download from the Important Documents page.

What is this Lawsuit about?

The Litigation seeks damages for Defendant's Camino Natural Resources, LLC (“Defendant” or “Camino”) alleged failure to pay statutory interest on allegedly late payments under Oklahoma law. Defendant expressly denies all allegations of wrongdoing or liability with respect to the claims and allegations in the Litigation. The Court has made no determination with respect to any of the parties’ claims or defenses. A more complete description of the Litigation, its status, and the rulings made in the Litigation are available in the pleadings and other papers maintained by the United States District Court for the District of Colorado in the file for the Litigation.

Who is Included in the Settlement?

The Settlement Class in the Litigation consists of the following individuals and entities: All non-excluded persons or entities:

  1. who received working interest, royalty, and/or overriding royalty payments from Defendant for oil and/or gas proceeds from oil and/or gas wells located in the State of Oklahoma with check dates up to and including May 31, 2020.
  2. The persons or entities excluded from the class are: (1) agencies, departments, or instrumentalities of the United States of America or the State of Oklahoma; (2) publicly traded oil and gas companies and their affiliates; and (3) the persons or entities listed on Exhibit 5 to the Settlement Agreement and their affiliates and related entities.

What does the Settlement provide?

In settlement of all claims alleged in the Litigation, Defendant has agreed to pay Two Million, One Hundred Thousand Dollars ($2,100,000.00) in cash. In exchange for the payment noted above and other consideration outlined in the Settlement Agreement, the Settlement Class shall release the Released Claims (as defined in the Settlement Agreement) against the Released Parties (as defined in the Settlement Agreement). The $2,100,000.00 cash payment is referred to as the “Gross Settlement Fund.” The Gross Settlement Fund, less Class Counsel’s Fees and Expenses, and other costs approved by the Court (the “Net Settlement Fund”), will be distributed to Final Class Members pursuant to the terms of the Settlement Agreement.

 

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

Option/Deadline
Event
Do Nothing, Participate in the Settlement By taking no action, your interests will be represented by Plaintiff as the Class Representative and Plaintiff’s Counsel. As a Class Member, if you are entitled to a distribution pursuant to the Allocation Methodology, you will receive your portion of the Net Settlement Fund and will be bound by the Settlement Agreement and all orders and judgments entered by the Court regarding the Settlement.
Exclude Yourself
April 28, 2021
(received)
If you do not wish to be a member of the Settlement Class, you must exclude yourself and you will not receive any payment from the Settlement Fund. You cannot bring or be part of another lawsuit or arbitration against any of the Released Parties based on any Released Claims unless you exclude yourself from the Settlement Class.
Object
April 28, 2021 at 5 p.m. C.T.
(received)
If you do not exclude yourself and you wish to object to any part of the Settlement, the attorneys’ fees or litigation costs requested by Plaintiff’s Counsel, or the Case Contribution Award requested by Plaintiff, you must file an objection with the Court and provide written notice of your objection to the Settlement Administrator, Plaintiff’s Counsel, and Defendants’ Counsel.
Attend the Final Fairness Hearing
May 12, 2021 at 9 a.m. MT
If you have submitted a valid and timely written objection, you may (but do not have to) attend the Final Fairness Hearing and present your objections to the Court at that hearing.

 

For More Information

Visit this website often to get the most up-to-date information.

Mail

Johnston v Camino Settlement
c/o JND Legal Administration, Settlement Administrator
P.O. Box 91232
Seattle, WA 98111