Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude
The Energy Law
APRIL 30, 2020
While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. A well was spud on March 28, 2006. Cannisnia Plantation, LLC v. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.
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