Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline
The Energy Law Blog
MAY 5, 2023
2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The lessee, MRC Permian Company, received four identical oil and gas leases from certain lessors in 2014.
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