Producer's Edge
NOVEMBER 1, 2024
The deed severed the mineral estate from the surface estate, with Myers-Woodward LLC (“Myers”) now owning the surface estate and a 1/8th non-participating royalty interest in minerals. ” The Fifth Circuit, applying Texas law in Dunn-McCampbell Royalty Interest, Inc. 3d 39 , 47 (Tex.
The Energy Law Blog
JUNE 12, 2017
The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. As a condition of Wells Fargo releasing the mortgage, Tauren assigned a 10% interest in its shallow rights interest in the lease to Wells Fargo. 10] See id. at 22-33. [11] 11] See id.
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. The consent decree neither defines the term “responsible corporate official.”
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