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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., Exxon Mobil Corporation , 2009-2368 (La. This opinion reinforces several key concepts in legacy cases.

Casing 59
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., Exxon Mobil Corporation , 2009-2368 (La. This opinion reinforces several key concepts in legacy cases.

Casing 52
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article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., Exxon Mobil Corporation , 2009-2368 (La. This opinion reinforces several key concepts in legacy cases.

Casing 52
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Booking PUDs in a “Proven Area”… Use Caution Applying Reliable Technology

CG&A

Sometimes this is the case, but not always.And have there been enough 2.0 Proceed at your own risk! mile, to 1.5 mile, to 2.0 mile laterals, but the current development plan is for 2.0 mile wells, then the anticipated or targeted improvement in recovery would be 33.3% (assuming no other changes).Sometimes

Field 52