Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline
The Energy Law
MAY 5, 2023
The lessee, MRC Permian Company, received four identical oil and gas leases from certain lessors in 2014. However, the delay was caused when a wellbore collapsed during its drilling of a separate well, and the drilling rig used to drill the separate well was the same rig scheduled to drill the well at issue.
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