Remove 2022 Remove Gas Remove Royalty Interest
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WhiteHawk Energy acquires natural gas mineral and royalty interests across 475,000 gross unit acres in core of Marcellus shale

Oil & Gas 360º

The assets are 95% operated by best-in-class natural gas operators EQT (NYSE: EQT), Range Resources (NYSE: RRC), and CNX Resources (NYSE: CNX), and have continued to perform above expectations since WhiteHawks initial acquisition of this position in March 2022. Herz, Chief Executive Officer of WhiteHawk.

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7th District Court of Appeals Issues First Decision Addressing the Enforceability of “Anti-Washout” Provision in Assignments of Overriding Royalty Interests

Vorys Energy

Ohio’s Seventh District Court of Appeals recently held that an “anti-washout” provision found in multiple assignments of overriding royalty interests covering leases that subsequently expired was not binding on the original lessee’s assignees, which had taken new leases to those same lands, as there was no privity of contract.

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Viper strikes rare mineral merger with $4.1B Sitio buy

Enverus

In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 Now, for just the second time Enverus has tracked, two publicly traded minerals companies are combing with Viper Energy Partners buying Sitio Royalties for $4.1 billion in 2022.

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Fixed vs. Floating Royalty Considered by Texas Supreme Court

Texas Oil & Gas Attorney

3d , 2022 WL 17351596 (Tex.Civ.App.Corpus Christi 2022, pet. The Plaintiff sold land to a third party and reserved a 1/8 royalty nonparticipating royalty interest (fixed royalty language). The Corpus Christi Court of Appeals considered the issue again in Hahn v. ConocoPhillips Co.,

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Louisiana Legislature to Consider Amendments to Forced Pooling Regime Requiring Operators to Pay Lessors of Nonparticipating Working Interest Owners Directly

The Energy Law

While 30:10 was amended during the 2022 legislative session, the amendment preserved the limited obligation of remitting the royalty and overriding royalty burdens to the nonparticipating owner for the benefit of the royalty and overriding royalty owners.

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