Oil & Gas 360º

MAY 15, 2025

While HRT is only 19% utilized today, it has been up to 82% utilized historically during periods of tight pipeline egress, providing Strathcona with a natural hedge against future egress bottlenecks. The HRT acquisition is a continuation of Strathconas countercyclical acquisition strategy focused on core area consolidation.

BBL 130

BBL Natural Gas Oil Operator 130

The Energy Law

JUNE 12, 2017

1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] in unpaid royalties and an additional double damages penalty of $484,058.52

Royalty 40

Royalty Exploration and Production Royalty Interest Casing 40

Oil & Gas 360º

MARCH 10, 2025

Given that the value ratio of oil compared to natural gas based on currently prevailing prices is significantly different than the energy equivalency ratio of 1 Bbl : 6 Mcf, utilizing a conversion ratio of 1 Bbl : 6 Mcf may be misleading as an indication of value.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

The Energy Law

MARCH 30, 2017

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. 31] However, the Court recognized that the operator routinely obtained permits as part of its operations. [32]

Spud-in 40

Spud-in Operator IT E&A 40