The Energy Law Blog

DECEMBER 11, 2007

Chevron”), the Plaquemines Parish Government (“PPG”), and others in a dispute with the State of Louisiana over the validity of a 1938 mineral lease granted by the Buras Levee District (“BLD”). On November 21, 2007, the Louisiana Fourth Circuit Court of Appeal affirmed the trial court’s ruling in favor of Chevron U.S.A.,

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Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. The government has been fighting the illicit refineries for years. The government had little choice but to try and negotiate peace with the militants.

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The Energy Law Blog

JUNE 12, 2017

1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] in unpaid royalties and an additional double damages penalty of $484,058.52

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The Energy Law Blog

MARCH 26, 2019

30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3] 30:10 was inapplicable to the case because the costs outlined in the statute comprised only pre-production and production costs. 30:10, which governs agreements for drilling units and pooling interests in Louisiana.

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The Energy Law Blog

NOVEMBER 7, 2014

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. See United States v. ATP Oil & Gas Corp. , 955 F.Supp.2d 2d 616 (E.D. See 40 C.F.R.

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Oil and Gas Investments

NOVEMBER 27, 2024

Brazilian government data (SECEX) from January 16, 2024, shows that Brazil exported about $166.6 Part of the funding for Autazes will come from a royalty agreement with Franco Nevada. That is $1M for the option – the purchase price of the royalty will be based on a 12.5% Which is a BIG advantage!

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The Energy Law Blog

MARCH 30, 2017

1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. which governs notarial acts of correction: A. (1) which governs notarial acts of correction: A. (1) Flat River Farms, L.L.C. , 13] The Court then applied La. However, art.

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Oil & Gas 360º

MARCH 10, 2025

Disciplined Leadership and Governance: The combined business will continue to be led by the Whitecap executive team, who have a long track record of operational excellence, financial discipline, strong safety performance and are focused on generating strong returns to shareholders.

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The Energy Law Blog

APRIL 7, 2020

Preferred equity in these cases usually includes the right to vote for directors of a corporation or managers of an LLC. In many cases, the investors in preferred equity will require representation on the board of directors for an SMB organized as a corporation or the board of managers for an SMB organized as an LLC.

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Oil & Gas 360º

MARCH 5, 2025

government and a company that was awarded a license by the NRC, the federal agency that regulates nuclear energy in the United States, to operate a facility in western Texas of a lower courts ruling declaring this storage arrangement unlawful. government and fire thousands of workers. government, told the justices.

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The Energy Law Blog

JUNE 17, 2021

The Court found that the Plaintiff States demonstrated a substantial threat of irreparable harm due to “reduced funding for bonuses, ground rent, royalties, and rentals,” and “damage for reduced funding” for various state programs. Louisiana v. 2:21-cv-00778-TAD-KK, 2021 WL 2154963 (W.D. June 15, 2021).

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The Energy Law Blog

JUNE 17, 2021

The Court found that the Plaintiff States demonstrated a substantial threat of irreparable harm due to “reduced funding for bonuses, ground rent, royalties, and rentals,” and “damage for reduced funding” for various state programs. Louisiana v. 2:21-cv-00778-TAD-KK, 2021 WL 2154963 (W.D. June 15, 2021).

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The Energy Law Blog

JUNE 17, 2021

The Court found that the Plaintiff States demonstrated a substantial threat of irreparable harm due to “reduced funding for bonuses, ground rent, royalties, and rentals,” and “damage for reduced funding” for various state programs. Louisiana v. 2:21-cv-00778-TAD-KK, 2021 WL 2154963 (W.D. June 15, 2021).

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