Remove 2010 Remove Instrumentation Remove Oil
article thumbnail

Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC

The Energy Law

Over seven years later, New 90 and another plaintiff-landowner sued various oil and gas companies for contamination to the property based on historical exploration and production activities dating back to the 1940s. 2010-2267 (La. Amerada Hess Corp. 10/25/11), 79 So.

article thumbnail

EPA and BSEE Team Up to Resolve Offshore Environmental Violations

The Energy Law

Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments. 362(b)(4).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

2010-2011 (La. It also held that the holder of the mortgage over the Lease was solidarily liable as well. [8] 9] The mortgagee appealed the trial court’s decision to the Second Circuit and claimed that it was not solidarily liable with the mineral lessees for the damages awarded to the landowner under the Louisiana Mineral Code. [10]

Royalty 40
article thumbnail

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

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. between May 2007 and February 2010. [20] Gloria’s Ranch sent a letter dated December 3, 2009 to Tauren, Cubic, EXCO, and Wells Fargo. [8]

Royalty 40