Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code
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. The mortgagee retained the right to approve the location and depth of the wells drilled under the Lease and other mineral leases subject to the mortgage.
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