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By its plain language, the farm out agreement evinces ExxonMobil's agreement to convey its entire interest in a portion of Unit 16 to Wagner & Brown, Ltd.., not to convey its entire interest in the unit or an equal undivided interest to the other parties, as required by Article VIII of the joint operating agreement.
November 15, 2004 at 12:00 AM
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The original version of this story was published on Texas Lawyer
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