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Louisiana Supreme Court holds that payment of mineral royalties judgment against LDNR is a matter of legislative discretion, reversing grant of mandamus

The Energy Law

million judgment for reimbursement of mineral royalties. million in mineral royalties attributable to ownership of these banks. The Court distinguished those cases, pointing to constitutional and statutory provisions that mandate appropriation under those specific circumstances. 1/1/23), So.

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Texas Supreme Court to Hear Miesch Case

The Energy Law

The Miesch case, set for argument on February 13, is one of two related cases decided by the Corpus Christi Court of Appeals last year. The royalty owners intervened and asserted claims against Exxon for, among others, common law waste, statutory waste, negligence per se, tortious interference, and failure to develop.

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CanCambria Energy Corp announces resource evaluation report for the Kiskunhalas tight-gas project, southern Hungary

Oil & Gas 360º

The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. for un-risked case. Full FDP results in capital expenditure from CHPE (2C case) of US$947.9 million, discounted at the same 10% rate.

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Louisiana Senator Proposes Statutory Framework Governing Rights and Obligations of Parties to Renewable Energy Leases

The Energy Law

This definition further includes any lease pursuant to which the primary activity of the lessee is the production of wind, solar, hydroelectric, or geothermal energy. 141 (providing that dissolution of a mineral lease is not a favored remedy and should only be granted in cases where “the remedy of damages is inadequate to do justice.”).

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Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights

Producer's Edge

The Texas Supreme Court heard oral arguments last week in a case that could substantially clarify, or even fundamentally reshape, the characterization and ownership of underground storage rights in Texas. The case was Myers-Woodward v. The case remains pending before the Texas Supreme Court on petition for review.

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Affirmative Defenses Are Insufficient to Rebut the Van Dyke Presumption

Producer's Edge

The Eastland Court of Appeals addressed, for the first time, the interpretation of a double-fraction royalty reservation in light of Van Dyke. The case ( Boren Descendants v. centered on whether a 1933 deed reserved a floating 1/4 royalty interest or a fixed 1/32 interest. Fasken Oil & Ranch, Ltd. , LEXIS 8405, at *1 (Tex.

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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. Part of the funding for Autazes will come from a royalty agreement with Franco Nevada. That is $1M for the option – the purchase price of the royalty will be based on a 12.5%

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