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Texas Supreme Court: Simple Interest Applies to Late Royalty Payments

Texas Oil & Gas Attorney

In a recent case, the Texas Supreme Court considered whether interest on late royalty payments was supposed to be simple or compound interest. When Samson paid previously unpaid royalties to the Plaintiff, it included simple interest. In Samson Exploration, LLC v. Bordages, 662 S.W.3d 3d 501, 2024 (Tex.

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Fifth Circuit Narrows CAFA’s Local Controversy Exception Requiring All Plaintiffs Incur Their Principal Injuries in the Forum State

The Energy Law

1, 2024), the Fifth Circuit held that an oil-and-gas royalties class action belongs in federal court based on its interpretation that the “principal injuries” prong of the CAFA local controversy exception requires all plaintiffs sustain their principal injuries in the forum state.

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The Smackover Formation: Unveiling the Lithium Potential

The Energy Law

The pursuit of alternative energy sources has become increasingly important in our quest for a sustainable future. Lithium, a key component in rechargeable batteries, has emerged as a vital element for powering electric vehicles and storing renewable energy.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.

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THE BRILLIANT GOLD STRATEGY IN PLAIN SIGHT–THAT NEXGOLD IS EXECUTING

Oil and Gas Investments

royalty on Goldboro that Nexgold can re-purchase at their option. A feasibility study on the Goliath deposit that NexGold has from the Treasury Metals acquisition showed pro-forma production of 109,000 ounces per year with AISCAll-In-Sustaining-Costsof US$1,072 per ounce, on a grade of 1.3 Nebari also gets a small 0.6% Low capex.

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Federal Court Enjoins Biden’s Social Cost of Carbon Efforts On the Basis of Negative Impact to Energy Industry and Energy Producing States

The Energy Law

On February 11, 2022, the Biden Administration’s climate change agenda sustained a major blow as Judge James D. In short, the Plaintiff States would suffer increased energy costs, additional regulatory burdens, violation of their procedural rights, and reduced revenue from taxes and royalties as energy production and exploration slowed.

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