September 26, 2016 3:51 PM ET

Oil, Gas and Consumable Fuels

Company Overview of New Dominion, LLC

Company Overview

New Dominion, LLC operates as an oil and gas exploration and development company. The company focuses on the extraction of hydrocarbons from the transition zones of conventional reservoirs. It operates a portfolio of oil and natural gas wells in central Oklahoma. The company was founded in 1998 and is based in Tulsa, Oklahoma with field offices in Prague, Oklahoma City, and Luther, Oklahoma.

1307 South Boulder Avenue

Suite 400

Tulsa, OK 74119

United States

Founded in 1998

Phone:

918-587-6242

Fax:

918-587-9250

Key Executives for New Dominion, LLC

Chief Executive Officer and President
Chief Financial Officer
General Counsel and Vice President
Compensation as of Fiscal Year 2016.

New Dominion, LLC Key Developments

The Sierra Club Sues Devon Energy Production Company and New Dominion, LLC over Fracking

The Sierra Club sued over fracking and increased earthquake risk with a lawsuit accusing a Devon Energy Production Co. and New Dominion LLC of triggering tremors in Oklahoma and Kansas. The environmental group said the companies' practice of injecting liquid oil and gas waste into deep ground-wells contributed to a spike of more than 5,800 earthquakes in Oklahoma in 2015, up from an annual high of 167 in the years from 1977 to 2009. The suit, which follows more than 20 others since 2011 making similar allegations, comes after a 5.1 magnitude quake shook the region.

Central Oklahoma Residents File Earthquake Lawsuit Against 12 Companies

A group of Edmond, Okla., residents filed a lawsuit on January 11, 2016 against a dozen energy companies, claiming their saltwater disposal wells were in part to blame for earthquakes that hit central Oklahoma in recent weeks. The lawsuit, filed in Oklahoma County District Court, said the companies acted negligently and their use of disposal wells constituted an "ultrahazardous activity." The nine homeowners said disposal wells operated by the companies "caused or contributed" to earthquakes. Earthquakes of magnitudes 4.3 and 4.2 shook the Edmond area Dec. 29 and Jan. 1. No injuries were reported, although some residents and businesses reported items falling off shelves or walls. The quakes caused an hour-long power outage for several thousand residents when vibrations shook a substation, triggering a breaker. Among the dozen energy companies named in the lawsuit are affiliates of Devon Energy Corp., New Dominion LLC, Marjo Operating Co. Inc. and Pedestal Oil Co. Inc. The homeowners said their homes sustained damage from the earthquakes, including cracked and broken interior and exterior walls, bricks and fascia, as well as movement of their foundations. The lawsuit seeks a permanent injunction to stop the use of 16 saltwater disposal wells operated by the energy companies. Other companies named in the lawsuit are: Sundance Energy Oklahoma LLC; Grayhorse Operating Inc.; R.C. Taylor Operating Co. LLC; TNT Operating Co.; White Operating Co.; Rainbo Service Co.; Special Energy Corp.; and Northport Production Co. Earthquake researchers concede that not all the state's earthquakes can be traced to saltwater disposal wells, thousands of which dot the state and have been used by energy producers for decades. But state regulators have amassed enough scientific evidence of induced seismicity to issue a series of voluntary directives to oil and gas companies to curtail injection into disposal wells or shut them in altogether.

Lisa Griggs and April Marler Files a Lawsuit in District Court Against Chesapeake Operating LLC, Devon Energy Production Co. LP, New Dominion LLC and Sandridge Exploration and Production LLC

Two Logan County residents are suing four large drillers for damages related to man-made earthquakes. Lisa Griggs and April Marler filed a lawsuit in district court against Chesapeake Operating LLC, Devon Energy Production Co. LP, New Dominion LLC and SandRidge Exploration and Production LLC. The plaintiffs live near the defendants’ disposal wells, which have triggered earthquakes and caused damages, according to the complaint. It cites peer-reviewed scientific studies that draw links between wastewater disposal in the Arbuckle rock formation and Oklahoma’s earthquakes. The two claim wastewater disposal is an ultra-hazardous activity and has damaged property, diminished property value, created expenses related to structural support and repairs, and contributed to loss of peace of mind. Griggs’ home sustained extensive damage after several earthquake swarms in 2014 and in 2015. Her house’s foundation piers were cracked, her concrete foundation was cracked, her chimney separated from her home, and many other cracks on the interior were sustained as a result of the shaking. Marler’s Choctaw home in Oklahoma County sustained damage from about 100 quakes in two years, she alleged. A temblor swarm in May 2014 was caused by Devon and New Dominion injection wells, the complaint stated. Her home also sustained damage to the foundation, cracks to brick veneer and mortar, as well as cracks in interior surfaces. Griggs and Marler are seeking class-action status for the case. Specific damages were not listed. Griggs declined an interview and deferred questions to her attorneys. Attorneys from New York law firm Weitz & Luxenberg were not available for comment by publication time. New Dominion attorney Fred Buxton said the company cannot comment on pending litigation. Requests for comment from Chesapeake, Devon and SandRidge were not returned by publication time. A group of Edmond residents filed a lawsuit in Oklahoma County District Court alleging 12 drillers' disposal wells caused earthquakes that led to damages. New Dominion and Spess Oil are also fighting a lawsuit by Prague resident Sandra Ladra, who claimed the companies' disposal wells triggered a 2011 magnitude 5.7 quake that injured her.

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Recent Private Companies Transactions

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