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Louisiana Supreme Court holds that payment of mineral royalties judgment against LDNR is a matter of legislative discretion, reversing grant of mandamus

The Energy Law

million judgment for reimbursement of mineral royalties. million in mineral royalties attributable to ownership of these banks. As there are no such provisions governing the Crooks plaintiffs’ mineral royalties claims, the legislature has retained its discretion to appropriate funds for those claims. 1/1/23), So.

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Louisiana Senator Proposes Statutory Framework Governing Rights and Obligations of Parties to Renewable Energy Leases

The Energy Law

The Louisiana Legislature’s 2023 Regular Session begins on April 10th, and last Friday, Louisiana Senator Allain of District 21 filed SB 154 proposing to enact a statutory framework directly governing the rights and obligations of parties to renewable energy leases.

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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

which governs notarial acts of correction: A. (1) By definition, a clerical error is an error in writing or copying a document. Article 1920 is the general rule under the Code of Civil Procedure governing the taxation of court costs. 12] In its analysis, the Court first looked to the pertinent language of La. However, art.

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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. 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.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360Âş

The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.

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