Oil and Gas Leases

Drafting Oil and Gas Royalty Provisions; KISS- “Keep it Simple, Stupid!”

Sep 30, 2015 | Oil & Gas

The KISS principle that systems perform best with simple rather than complex designscan apply in the world of legal drafting. This lesson was recently learned by lawyers who drafted a complex “work-around” to avoid a judicial interpretation of standard oil and gas...

Equitable Extension of Oil and Gas Lease Rejected During Pendency of Lessor’s Declaratory Judgment Action to Declare Lease Invalid: Pennsylvania

Feb 20, 2015 | Oil & Gas

On February 17, 2015, in a decision that is contrary to the principle that is nearly universally applied in other oil and gas producing jurisdictions, the Pennsylvania Supreme Court held that an oil and gas lessee is not entitled to an equitable extension of the...

Oil and Gas Leases

Drafting Oil and Gas Royalty Provisions; KISS- “Keep it Simple, Stupid!”

Equitable Extension of Oil and Gas Lease Rejected During Pendency of Lessor’s Declaratory Judgment Action to Declare Lease Invalid: Pennsylvania

Denver

Casper