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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 The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4

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Can "Free of Cost" Term Achieve Point-of-Sale Royalty Base?

Producer's Edge

Court Interprets “Free of Cost Forever” Royalty Language Broadly In this case ( Fasken Oil & Ranch, Ltd. Background: 1960 Deed and Royalty Dispute The dispute arose from a 1960 deed where B.A. Hyder , which also addressed a royalty provision with “cost-free” language. 30, 2024, no pet.

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All Depths or Just One Formation? Court Clarifies Royalty Conveyance in Rock River v. Pioneer

Producer's Edge

Case Overview This recent case ( Rock River Minerals, LP v. The 1996 Assignment and Unit Agreement Michael Cass owned a 2.125% overriding royalty interest in certain leases that were part of the North Pembrook Spraberry Unit. In 1996, Cass executed an assignment conveying these interests to Pioneer's predecessor. The

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Texas Supreme Court Update: TRO-X Lives to Fight Another Day in Contractual Dispute over Share of Income on Production from Equitable Interests

The Energy Law

The Eagle II case is the second case that arose between TRO-X, L.P. (“TRO-X”) TRO-X lost that suit on appeal when the court of appeals found that TRO-X held equitable title to those interests and thus was not deprived of them. The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co.

Royalty 52
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Texas Supreme Court Update: TRO-X Lives to Fight Another Day in Contractual Dispute over Share of Income on Production from Equitable Interests

The Energy Law

The Eagle II case is the second case that arose between TRO-X, L.P. (“TRO-X”) TRO-X lost that suit on appeal when the court of appeals found that TRO-X held equitable title to those interests and thus was not deprived of them. The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co.

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Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

Tauren Exploration, Inc. , the Louisiana Second Circuit upheld a trial court’s ruling that the holder of a security interest in mineral leases was solidarily liable for damages under the Louisiana Mineral Code stemming from its mineral lessees/mortgagors’ actions. [1] for failure to pay royalties under Mineral Code article 140. [5]

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EPA and BSEE Team Up to Resolve Offshore Environmental Violations

The Energy Law

Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments. Plans for its use or lease for exploration, development, or production activities.