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
JUNE 12, 2017
The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. Tauren Exploration, Inc. , 4] $242,029.26 in unpaid royalties and an additional double damages penalty of $484,058.52 for failure to pay royalties under Mineral Code article 140. [5] 6] $936,803.00
40 
Let's personalize your content