Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties
The Energy Law
JUNE 12, 2017
9] Unsatisfied with the response, Gloria’s Ranch sent a letter on January 28, 2010 demanding a recordable act evidencing the expiration of the lease, to which the defendants refused. Louisiana Mineral Code article 124 provides for lease maintenance beyond the primary term by production in paying quantities. 035 cents per mcf. [18]
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