Chastain v Lime Rock Resources Operating Company Settlement
Distribution from Net Settlement Fund based on Allocation Methodology to be determined
What happened
Lime Rock Resources Operating Company allegedly failed to pay statutory interest on late payments to owners paid for production proceeds from Oklahoma wells under the Production Revenue Sharing Act (PRSA). The defendant denies all wrongdoing but has agreed to settle to avoid continued litigation costs and uncertainty.
Do you qualify?
Anyone who received late payments from Lime Rock for oil and gas proceeds from Oklahoma wells between February 25, 2020 and January 25, 2026, or whose proceeds were sent as unclaimed property, and whose payments did not include the statutory interest required by the PRSA.
How to file
File a claim by the August 26, 2026 deadline at 5:00 P.M. Central Time to receive your portion of the Net Settlement Fund. Visit the settlement website or contact 1-855-943-0370 or info@chastain-limerock.com for claim filing instructions.
Common questions
- How much does the Chastain v Lime Rock Resources Operating Company Settlement pay?
- Estimated payout: Distribution from Net Settlement Fund based on Allocation Methodology to be determined. The total settlement fund is $3.3M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the Chastain v Lime Rock Resources Operating Company Settlement?
- The claim deadline is August 26, 2026. Filing is free and is done on the official settlement website at chastain-limerock.com.
- Is the Chastain v Lime Rock Resources Operating Company Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at chastain-limerock.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- How long until I get paid from the Chastain v Lime Rock Resources Operating Company Settlement?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for September 10, 2026; no payments can be issued before a settlement receives final approval.
- What happens if I do nothing?
- You receive no payment, and in most class actions you also give up the right to sue Lime Rock Resources Operating Company separately over these same claims. To keep that right you must opt out (exclude yourself) by August 26, 2026.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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