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arose from a 2004 mineral lease covering nearly 1,400 acres in Sections 9, 10, 15, 16, and 21, Township 15 North, Range 15 West, in Caddo Parish. [2] Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 2004-1464 (La.App.
The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. 3] The Lease was executed in September 2004 and covered 1,390.25 A copy of the Second Circuit’s decision is available at [link].
Nonetheless, it does serve as a reminder that when a party recognizes an omission or mistake in an instrument affecting mineral rights, a party should not immediately opt for an easy fix via a notarial act of correction. 20] The CUA permit was obtained on January 20, 2004. 20] The CUA permit was obtained on January 20, 2004.
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