Wednesday, September 2nd, 2015
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Bowden v. Phillips Petroleum Co., 247 S.W.3d 690, (Tex. 2008), examines whether three subclasses of a class of oil and gas royalty owners were properly certified. The case is […]
Wednesday, September 2nd, 2015
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Tana Oil and Gas Corp. v. Cernosek, 188 S.W.3d 354 (Tex. App.—Austin 2006, pet. denied), is a class action royalty accounting case on processed gas brought by lessors against their […]
Tuesday, September 1st, 2015
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Potts v. Chesapeake Exploration, L.L.C. held that the net-back method should be used to determine market value at the point of sale when there are no comparable sales made […]