Chastain v Lime Rock Resources Operating Company - Late Payment Interest Settlement
Net Settlement Fund after deductions for attorneys' fees, litigation expenses, administration, notice, distribution costs, and case contribution award will be distributed to Class Members pursuant to the Allocation Methodology
Last verified September 9, 2026Source: jndHow ClaimWatch verifies cases
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Lime Rock Resources Operating Company allegedly failed to pay statutory interest on late payments to owners of oil and gas wells in Oklahoma under the Pooled Revenue Sharing Account (PRSA) required by Oklahoma law. The defendant denies all wrongdoing but has agreed to settle the case to avoid further 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 to a government entity, and whose payments did not include the required statutory interest.
How to file
Class members do not need to file a claim to participate in the settlement; they are automatically included and will receive distribution if entitled. The Final Fairness Hearing is scheduled for September 10, 2026. For more information, contact JND Legal Administration at 1-855-943-0370 or info@chastain-limerock.com.
Common questions
- How much does the Chastain v Lime Rock Resources Operating Company - Late Payment Interest Settlement pay?
- Estimated payout: Net Settlement Fund after deductions for attorneys' fees, litigation expenses, administration, notice, distribution costs, and case contribution award will be distributed to Class Members pursuant to the Allocation Methodology. 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.
- Is the Chastain v Lime Rock Resources Operating Company - Late Payment Interest 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.
- When will payments from the Chastain v Lime Rock Resources Operating Company - Late Payment Interest Settlement be sent?
- 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.
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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