2002 Casing Instrumentation 
Producer's Edge
DECEMBER 9, 2024
Citation 2002 Inv. Citation 2002 Inv. In Posse Energy the El Paso Court of Appeals determined that the limiting language in the exhibit at issue did control, since the language in the granting instrument was “extremely broad” and the exhibit included the critical limiting language of “insofar and only insofar as.”
Producer's Edge
JANUARY 13, 2025
Where the instruments are not clear, this can sometimes lead to disagreement as to whether the descriptive information is intended to limit the scope of the assignment, or to merely serve as helpful descriptive information. Citation 2002 Inv. et al (Occidental) to a predecessor of Citation 2002 Investment LLC (Citation).
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The Energy Law Blog
MAY 26, 2023
The Fifth Circuit agreed with the lower court that state statutes and case law characterize SRA-L as an arm of the state; but caveated that the factor was restricted and “given the inconsistent descriptions in the same statutes and the lack of a more-definite characterization in either statute or case law.” [7] 3d 407, 411-12 (5th Cir.
The Energy Law Blog
MARCH 25, 2020
In such cases, hedge counterparties may increase calls for margin and collateral posting both in frequency and amount. In the 2002 ISDA Master Agreement this concept appears in the “force majeure” termination event, and in the 1992 ISDA Master Agreement it is often adopted as an “impossibility” additional termination event.
The Energy Law Blog
MARCH 30, 2017
1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. 18] In 2002, Petro-Chem, the operator, initiated proceedings to create a compulsory unit encompassing a portion of the minerals subject to the Harts’ mineral servitude. [19]
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