Freeze-Related Lease Litigation The Growing Storm in the Oil Patch
In February 2021, winter storm, Uri, wreaked havoc across some of the most productive mineral plays in the nation. Thus far, litigation surrounding the storm has generally been limited to tort actions for personal injury and property damage. But looming on the horizon is a potential avalanche of freeze-related lawsuits, brought against operators and other working interest owners, by lessors with significant claims for lease termination and the underpayment of royalties. Get ahead of the curve and learn about the anticipated contours of these claims and the steps you can take now to prepare to defend against them.
Speakers: Tom Cialone and Demetri Economou
0.75 CEU