Casing Controversy: Does the Comparative Fault Codal Article Cover Contract Claims?
The Energy Law Blog
JUNE 2, 2017
The appellate court also affirmed the trial court’s award of lost profits under the turnkey contract as consequential damages – rendering a decision that criticized defendants’ hypothesis that “some unknown and speculative intervening cause, i.e. a phantom hole in the formation ,” resulted in shutting in the well before completion.
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