The state Supreme Court has declined to hear arguments in a case that dealt with the interpretation of oil and gas royalties under the Guaranteed Minimum Royalty Act.
The allocatur denial lets stand the state Superior Court’s decision in Southwestern Energy Production v. Forest Resources that an amendment to an oil and gas lease reducing a royalty percentage below 12.5 percent violated the act.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
