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(Oil & Gas 360) – CALGARY, AB , June 23, 2025 /CNW/ – Entropy Inc. (“Entropy”), a subsidiary of Advantage Energy Ltd. (“Advantage”), has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and contingent payments of (..)
NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. NYSE:STR) (Sitio) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. billion, [Read more]
NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. NYSE:STR) (Sitio) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 About Sitio Royalties Corp. billion, including Sitios net debt of approximately $1.1
million judgment for reimbursement of mineral royalties. million in mineral royalties attributable to ownership of these banks. As there are no such provisions governing the Crooks plaintiffs’ mineral royalties claims, the legislature has retained its discretion to appropriate funds for those claims. 1/1/23), So.
The Eastland Court of Appeals addressed, for the first time, the interpretation of a double-fraction royalty reservation in light of Van Dyke. centered on whether a 1933 deed reserved a floating 1/4 royalty interest or a fixed 1/32 interest. The case ( Boren Descendants v. Fasken Oil & Ranch, Ltd. , LEXIS 8405, at *1 (Tex.
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. The bill defines a “renewable energy lease” as a lease entered into for the purpose of producing “wind, solar, hydroelectric, or geothermal energy.”
This case presents two critical questions: Who owns subsurface caverns created by salt mining operations, and How should in-kind royalties be calculated for salt production? ” The Fifth Circuit, applying Texas law in Dunn-McCampbell Royalty Interest, Inc. Part II: The Royalty Calculation Dispute A. 3d 39 , 47 (Tex.
The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. The report includes an area of 4,000 net acres with the Development Pending sub-class for Contingent Resources.
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. Emerald’s remaining claims were tried with those of the royalty owners (see next section). The Jury awarded the royalty owners: 1. $5
At issue in Southwest Royalties, Inc. Thus, the Court found the exemption applicable to non-manufacturing activities that otherwise meet the definition of “processing” or “fabrication.” Nevertheless, the Court did adopt the Comptroller’s definition of “processing” as found in 34 Tex.
Strathcona or the Company) (TSX: SCR) is pleased to announce that it has entered into definitive agreements to sell substantially all of its Montney assets for approximately $2.84 (Oil & Gas 360) – Calgary, Alberta (May14, 2025) Strathcona Resources Ltd.
EOG ) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 Register to attend. HOUSTON, May 30, 2025 /PRNewswire/ EOG Resources, Inc. ( billion, inclusive of EAPs net debt.
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%
The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.
Also, the definition of what constitutes a mineral is changing, as suddenly lithium and other trace substances found in produced water are possibly becoming commodities. Thats a trend that I think will definitely continue. Fewer operators control larger acreages. Why do they sell?
These kids aren’t hypoglycemic in the first place whereas the patients in the RZ358 study definitely were. Once ersodetug is commercialized, they will pay royalties to XOMA and there are $185M of sales related milestone payments. Avexitide is also an infusion which isn’t ideal for kids. of revenue by 2031.
23 Oil & Gas Royalty Rate Changes (Sen. 140 Hazardous Waste Constituent Definition (Rep. 23, which establishes a royalty range of 20 percent to 25 percent for State Land Office (SLO) leases in the Permian Basin, also includes a provision aimed at protecting existing leases, Robertson explained. Susan Herrera) H.B.
By definition, a clerical error is an error in writing or copying a document. Here, it is clear from the language of the statute that a notarial affidavit of correction may correct only a “clerical error.” However, art.
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