[Download] "Browning Oil Company" by In the Court of Appeals Fifth District of Texas at Dallas ~ Book PDF Kindle ePub Free
eBook details
- Title: Browning Oil Company
- Author : In the Court of Appeals Fifth District of Texas at Dallas
- Release Date : January 09, 2000
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 84 KB
Description
This dispute concerns pooled units for the horizontal drilling of oil and gas. At issue is: (1) whether Lessees improperly formed pooled units for two successful horizontal wells in violation of anti-dilution restrictions in the pooling provisions of the leases, and if so, (2) what remedy Lessors are entitled to. The trial court determined that Lessees violated the pooling provisions in the leases, rendering the pooled units invalid. The trial court then submitted the question of damages for this breach to a jury; based on the jurys verdict, the trial court awarded Lessors $833,256, plus pre- and post-judgment interest and attorneys fees.