Owners in Oklahoma oil and gas wells who received late proceeds payments from Trinity Operating (USG), LLC dated June 1, 2022 through December 31, 2025, without statutory interest, will be paid automatically from a $16.5 million settlement based on Trinity's own records; there is no claim form to file. The final fairness hearing is set for October 8, 2026.
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No. The class is defined by the wells, not by where the owner lives. Anyone Trinity paid late on proceeds from an Oklahoma well during the claim period, without the statutory interest, is in the class unless they fall into an excluded group or opted out.
Those owners are included. The class definition expressly covers owners whose Oklahoma well proceeds Trinity sent to a government entity as unclaimed property, as long as the statutory interest was not included.
Only the interest claim. The case is about statutory interest on payments made outside the PRSA's time limits. Claims for the principal amount of proceeds are carved out of the release, as are statutory interest claims based on something other than the PRSA, such as lease or pooling-order covenants.
The agreement includes what it calls Future Benefits: Trinity agrees to use commercially reasonable efforts to review its procedures so they are reasonably calculated to pay PRSA statutory interest where appropriate, and to keep such procedures in place unless the law changes. Trinity keeps sole discretion over the form and timing of that review.
No. Requests for exclusion had to be received by 5:00 p.m. Central Time on September 17, 2026. The administrator reported two exclusion requests and no objections as of September 8, 2026.
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