2009 Instrumentation IT 
The Energy Law
OCTOBER 11, 2021
In 2009, several of the Bailey family members formed New 90, LLC to manage this and other family-owned property. After creating New 90, the individual Bailey family owners of the property executed an Act of Transfer on March 20, 2009 that transferred their interests in the property to New 90 in exchange for membership interests in the LLC.
The Energy Law
JUNE 12, 2017
6] On September 1, 2009, Gloria’s Ranch executed a top lease to Chesapeake on the property in Section 21. [7] 7] In November of 2009, Tauren assigned the deep rights (all depths below the base of the Cotton Valley formation) to EXCO USA Asset, Inc. for the 18 month period prior to Gloria’s Ranch’s letter in December of 2009. [19]
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The Energy Law
MAY 26, 2023
An entity classified as an “arm of the state” would be entitled to sovereign immunity provided by the Eleventh Amendment; in contrast, a “political subdivision” is not afforded the same protection. The burden of proof falls on the entity seeking immunity and SRA-L failed to meet its burden.
The Energy Law
JUNE 12, 2017
Tauren Exploration, Inc. , the Louisiana Second Circuit upheld a trial court’s ruling that the holder of a security interest in mineral leases was solidarily liable for damages under the Louisiana Mineral Code stemming from its mineral lessees/mortgagors’ actions. [1] 4] $242,029.26 for failure to pay royalties under Mineral Code article 140. [5]
The Energy Law
MARCH 30, 2017
Nonetheless, it does serve as a reminder that when a party recognizes an omission or mistake in an instrument affecting mineral rights, a party should not immediately opt for an easy fix via a notarial act of correction. Flat River Farms, L.L.C. , 12] In its analysis, the Court first looked to the pertinent language of La.
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