Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code
The Energy Law
JUNE 12, 2017
3] The Lease was executed in September 2004 and covered 1,390.25 As a condition of Wells Fargo releasing the mortgage, Tauren assigned a 10% interest in its shallow rights interest in the lease to Wells Fargo. Tauren immediately assigned a portion of the overriding royalty interest to Wells Fargo.” 10] See id.
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