Tuesday, April 14, 2026

Texas Jury Awards $100 Million in Eagle Ford Accounting Fraud

A South Texas jury has awarded Matrix Petroleum nearly $100 million in lost proceeds from wells in the Eagle Ford Shale, finding that exploration company Talisman Energy committed fraud through its accounting methods and breach of the Joint Operating Agreement, the Kim law firm reported in a press release. Matrix Petroleum, which was a non-operating working interest partner with Talisman in oil