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Violation Tracker Individual Record

Company: XCL Resources Holdings LLC et al.
Penalty: $5,600,000
Year: 2025
Date: January 7, 2025
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: XCL Resources and Verdun Oil Company agreed to pay $5.6 million to settle allegations they violated the pre-transaction notification and waiting period requirements of the Hart-Scott-Rodino Act of 1976, following Verdun's $1.4 billion purchase agreement for EP Energy LLC on July 26, 2021. At the time of transaction, Verdun was under common management with XCL.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.