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Harmonizing Assignments and Exhibits

Producer's Edge

In Piranha Partners, the Texas Supreme Court found that the exhibit at issue did not control the granting language in the body of the document, since the exhibit did not contain any specific limiting language, and thus served merely to more clearly identify the lease at issue.

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The Continued Struggle to Rebut the Van Dyke Presumption

Producer's Edge

Navigator Group that courts interpreting “antiquated instruments” that use 1/8 within a double fraction must begin with the rebuttable presumption that 1/8 refers to the entire mineral estate, Texas courts have wrestled with its implications. This article discusses a couple more cases in 2024. Brunelle, No.

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Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets

The Energy Law

In such cases, hedge counterparties may increase calls for margin and collateral posting both in frequency and amount. Often a default under a derivatives contract qualifies as a cross default to a company’s credit facility or other financial instrument, subject to certain dollar thresholds (if applicable).

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Making the Invisible Visible – Delivering Clarity

Drillers

In this case, it was essential to commission the right team. It is essential in this case to have the right project people to oversee the logistics and coordination of the service in question. This can be as simple as removing unnecessary content or duplication or completely restructuring planning documents.

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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.

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Maritime Industry COVID 19 Update

The Energy Law

Finally, the AWO recommends the development of a “written outbreak management plan” that contains information to track and identify suspected cases and the locations of sick crewmembers, cleaning procedures, etc. Chart table, instruments, chairs, helm, entire console, windows, etc.)

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Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law

1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. By definition, a clerical error is an error in writing or copying a document. Flat River Farms, L.L.C. , which governs notarial acts of correction: A. (1)

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