Tag: Leases

An Opportunity to Cure? When Bankruptcy and Unpaid Oil and Gas Lease Royalties Collide in North Dakota

The North Dakota Supreme Court recently issued its second opinion in Van Sickle v. Hallmark & Associates, a case that has tested the boundaries of a mineral interest holder’s right to royalties when well operators go bankrupt. The Van Sickles own interests in oil and gas produced from a well in McKenzie County that’s operated … Continue Reading

BLM California State Office Cancels Statutorily-Required Oil & Gas Lease Auctions for 2013

The third Bureau of Land Management auction of oil and gas sales scheduled for the 2013 fiscal year should have been held today for federal lands in California. However, last month the BLM California office issued a short notice stating that it would cancel remaining 2013 oil and gas lease sales planned for May, June, … Continue Reading
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