Federal judge orders Sunoco Logistics to pay $155 million for owed interest, penalties on late payments for oil purchases



A Virginia federal judge ordered Sunoco Logistics to pay interest and punitive damages totaling about $155 million on nearly 1.6 million late payments it made over a period of about eight years to 53,000 royalty owners in wells across Oklahoma.

The case involved a lawsuit brought by a farmer from Perry in northern Oklahoma.

The story was published by The Oklahoman.

Click here to view it.