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Settlement funds rocked Oklahoma cities because of earthquakes in 2016

Settlement funds rocked Oklahoma cities because of earthquakes in 2016

 


A legal settlement unlocked funds for two earthquake-ravaged Oklahoma cities in late 2016. Cushing was affected by an earthquake that closed businesses and damaged homes. Now, a legal settlement with an oil company will return the money to the locals. “The earthquake hit and really crashed into a parapet wall of the building next door,” said Jeffrey Beasley, a business owner. Paisley told KOCO 5 that he remembers it. As if it was yesterday. A 5.0-magnitude earthquake rocked Cushing in November 2016. “A lot of the damage to the bricks is high,” Beasley said. If you know where to look, you can still see the damage. “It hasn’t been repaired for months and months,” Beasley said. “Paisley owns the battered Duncan Theater. Beasley said he bought it several months after the strike, and is only now seeing the fruits of his labor. It signed a collective settlement with earthquakes near Cushing and Pawnee in 2016 and 2017. Reached with Eagle Road Oil LLC for $850,000 and now available to residents of Cushing, the company denies all claims that sewage dumps have been played. Some businesses that I think may still be closed as a result, because there was a lot of damage.” In Cushing, people in the Cimarron Tower in the middle of the city remember. “This building was so badly damaged that we had to move them, we had to make a shelter for them, “In the past few weeks, there’s been some gurgling,” Cushing City Manager Terry Brannon said. “We’ve had some tremors, so these things always cause an increased sense of alertness for us,” said Terry Brannon, Cushing City Manager. However, the lawsuit will continue ar Cummings Oil Company. , Territory Resources, LLC and EnerVest Operating LLC.

Cushing, Okla. –

A legal settlement unlocked funds for two earthquake-ravaged Oklahoma towns in late 2016.

Cushing was affected by an earthquake that closed businesses and destroyed homes. Now, a legal settlement with the oil company will return the money to the local population.

“The earthquake hit and really crashed into a parapet wall of the building next door,” said Jeffrey Beasley, a business owner.

Beasley told KOCO 5 that he remembers it like it was yesterday. A 5.0-magnitude earthquake struck the city of Cushing in November 2016.

“A lot of the damage to the bricks is high,” Beasley said.

If you know where to look, you can still see the damage.

“The movie theater has been vacant and unrenovated for months and months,” Beasley said.

Beasley owns Dunkin’ Theater which took a big hit. He bought it several months after the hit and is now seeing the fruits of his labor.

“It was a huge three-plus-year renovation, so we opened last year in 2021,” Beasley said.

Now, the Pawnee County Court has signed a class-action settlement with earthquakes near Cushing and Pawnee in 2016 and 2017. It was accessed with Eagle Road Oil LLC for $850,000 and is now available to Cushing residents.

The company denies all allegations that wastewater disposal wells played a role in the earthquakes.

“There are some businesses that I think may still be closed as a result, because there is a lot of damage,” said Jeff Kohn, Payne County emergency manager.

Kuhn was around the clock on the day of the earthquake in Cushing and people remember at the Cimmaron Tower in the center of town.

“This building was so badly damaged that we had to move them, and we had to make a shelter for them,” Cohen said.

In the past few weeks, there have been some small tremors underground.

“We’ve had some tremors, so these things are always causing an increased sense of alertness for us,” said Terry Brannon, Cushing City Manager.

Although a settlement was reached against one company, the lawsuit will continue with Cummings Oil Company, Territory Resources LLC and EnerVest Operating LLC.

Sources

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2/ https://www.koco.com/article/oklahoma-cushing-earthquake-settlement/40788480

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