2006 Downstream Education 
The Energy Law
MARCH 31, 2021
In 2006, however, BlueStone acquired the lease and became responsible for paying royalties on production thereunder. Meanwhile, an associated addendum—which the lease clarified would supersede in situations of conflict—stated that royalty payments were based on “the gross value received.” Burlington Resources Oil & Gas Co.,
The Energy Law
MARCH 31, 2021
In 2006, however, BlueStone acquired the lease and became responsible for paying royalties on production thereunder. Meanwhile, an associated addendum—which the lease clarified would supersede in situations of conflict—stated that royalty payments were based on “the gross value received.” Burlington Resources Oil & Gas Co.,
The Energy Law
MARCH 31, 2021
In 2006, however, BlueStone acquired the lease and became responsible for paying royalties on production thereunder. Meanwhile, an associated addendum—which the lease clarified would supersede in situations of conflict—stated that royalty payments were based on “the gross value received.” Burlington Resources Oil & Gas Co.,
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