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Texas Court Subjects Override to Non-Consent Penalties

The Energy Law

James Boldrick is an assignee of an overriding royalty interest in property subleased to BTA. BTA, the assignor and creator of Boldrick’s interest, elected non-consent status regarding the well at issue, proposed and drilled by Chevron. The District Court granted summary judgment in favor of BTA and Boldrick appealed.

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EPA and BSEE Team Up to Resolve Offshore Environmental Violations

The Energy Law

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. See United States v. ATP Oil & Gas Corp. , 955 F.Supp.2d 2d 616 (E.D.

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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

The mortgagee controlled the mineral lessees’ ability to alienate their interest in the Lease by requiring the mineral lessees to obtain the mortgagee’s written consent to release the Lease. [15] 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.

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Emerging on the Other Side of the Coronavirus Pandemic: Raising Structured Capital for Small and Mid-Size Businesses

The Energy Law

For Securities questions, please contact John Anjier , and for Corporate Governance, please contact Nina Skinner. Should you have any questions regarding Capital Structuring and Tax please contact John Bradford.