Last Updated
Case Status
Pending
UNITED STATES OF AMERICA,
Plaintiff,
v.
XCL RESOURCES HOLDINGS, LLC,VERDUN OIL COMPANY II LLC,
and EP ENERGY LLC Defendants
Plaintiff,
v.
XCL RESOURCES HOLDINGS, LLC,VERDUN OIL COMPANY II LLC,
and EP ENERGY LLC Defendants
Docket Number
1:25-cv -00041
Federal Court
District of Columbia
Case Summary
The Federal Trade Commission announced that crude oil producers XCL Resources Holdings, LLC (XCL), Verdun Oil Company II LLC (Verdun), and EP Energy LLC (EP) will pay a record $5.6 million civil penalty to settle allegations they engaged in illegal pre-merger coordination, known as gun jumping, in violation of the Hart-Scott-Rodino Act (HSR Act).