“Production in Paying Quantities”: Louisiana Appellate Court Decides When and What Should be Considered in Determination
The Energy Law
APRIL 29, 2016
Turning to the evidence presented by both plaintiffs and defendants, the appellate court noted that although the plaintiffs introduced evidence that expenses exceeded revenue during the time period at issue, defendants had produced the affidavit of a petroleum engineer who testified to the following: (1) the expenses included extraordinary expenses; (..)
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