Miller Energy Resources faces a potentially painful class action lawsuit, but the East Tennessee oil and gas company is doing the best it can to generate positive headlines.
The exploration and production company said Wednesday that it shipped 46,882 barrels of oil in August, up 44 percent from the monthly average for the quarter ended July 31.
The August shipments are a company record, said David Hall, CEO of Miller’s Alaskan subsidiary, Cook Inlet Energy.
UPDATED with info on other defendants, trial date.
Dairy farmers in Tennessee and other southeastern states scored a $140 million victory today when Dean Foods announced it has agreed to pay that amount to settle a class-action lawsuit.
The settlement must be approved by U.S. District Court for the Eastern District of Tennessee. The farmers’ case continues against other defendants who have not settled. The trial is set to begin Aug. 16, according to a statement by Robert G. Abrams of Baker Hostetler, lead attorney for the plaintiffs.