On Tuesday afternoon, The Oklahoman reported that Robert "Spaulding" Hefner the XVIIIth has offered to confess and settle his way out of one of the lawsuits that Harold Hamm and Continental Resources filed against him.
Yep, that's right – little Spaulding is ready to flip!
Here are some details via The Oklahoman:
A prominent Oklahoma City oil and gas executive added earlier this year as one of dozens of defendants in a mineral rights fraud case filed in 2020 by Continental Resources has offered to pay more than $50,000 to settle allegations brought against him and his company in that case, a court filing shows.
On June 17, attorneys representing Robert Hefner V and Hefner Energy LLC filed an offer to confess judgment in the case Continental Resources filed against them as part of the larger case it brought against Blaine M. Dyer and multiple other defendants.
The civil lawsuit accuses Dyer, Hefner and the other defendants of using confidential drilling plans shared by one of the energy company's ex-employees to get rich.
Wait a second. Who at The Oklahoman decided that Spaulding Hefner is a "prominent Oklahoma City oil and gas executive?"
The kid obviously comes from a family of prominent oil and gas executives – and racist politicians – but so far, his only big oil and gas move appears to be getting caught trying to steal from Continental Resources. I guess he does tweet a lot about energy, and even sends editorials to The Oklahoman where he poses as an oil and gas expert, but there's a big difference between pretending to be prominent and actually being prominent. The local media should do a better job at differentiating between the two.