Devon Energy Seeks Appellate Review of Application of Marketable Condition Rule

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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

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