Face Challenges Confidently

PURCHASE AND SALE

Monday, September 7th, 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.  Geodyne Energy Income Production Partnership I-E v. The Newton Corp1 considers the liability of a nonoperator and the nonoperator’s assignee for a proportionate part of plugging and abandoning a well […]

Thursday, September 3rd, 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.   Thompson & Knight LLP v. Patriot Exploration, LLC  held that expert testimony on the effect of declining gas prices on the price a buyer would pay was insufficient to […]

Thursday, September 3rd, 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.  Lenape Resources Corp. v. Tennessee Gas Pipeline Co., 39 Tex. Sup. Ct. J. 496 (April 18, 1996) considers whether “85% of Seller’s delivery capacity” is a term sufficiently definite for […]

Thursday, September 3rd, 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.  Northern Natural Gas Company v. Conoco, Inc., 939 S.W.2d 676 (Tex. App. – El Paso 1996, writ granted), construes a natural gas transportation and processing agreement as to the intent […]

Thursday, September 3rd, 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.   The case of McMillan v. Dooley, 144 S.W.3d 159 (Tex. App.–Eastland 2004, pet. filed), deals with a common problem associated with the exercise of a preferential right to purchase […]

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 some significance to you.  Mandell v. Hamman Oil Refining Co., S.W.2d (Tex. Civ. App–Houston 1991, ), is another take-or-pay case in which the royalty owner Mandell sought to recover a portion of the […]

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 some significance to you.  Lone Star Gas Company v. Mexia Oil & Gas, 833 S.W.2d 199 (Tex. App.–Dallas 1992, no writ), concerns the obligation of the purchaser of a lease subject to a […]