Devon Energy Seeks Appellate Review of Application of Marketable Condition Rule

more+
less-

Devon Energy Corporation has filed an application for interlocutory appeal with the New Mexico Court of Appeals. If accepted, the Court of Appeals will likely determine whether New Mexico recognizes the "Marketable Condition Rule" and could impact the payment of oil and gas royalties across the state.

This article was first published at the Texas Agriculture Law Blog: http://agrilife.org/texasaglaw

LOADING PDF: If there are any problems, click here to download the file.

Published In: Agriculture Updates, Energy & Utilities Updates, Commercial Real Estate Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tiffany Dowell, Texas A&M Agrilife Extension | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »