Oil and Gas
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Authors
Seidl, Phillip D.
Issue Date
1980
Volume
13
Issue
Type
Journal Article
Language
Keywords
Alternative Title
Abstract
FIRST PARAGRAPH(S)|Faced with uncertain supply and escalating prices from foreign oil producers, public demand has shifted to domestic oil suppliers thereby causing the value of domestic oil and gas leases to experience a sharp upturn. Consequently, owners of oil and gas leases are anxious to reap the mineral harvest lying beneath the surface and to collect the high dividends of the price rise. This accession to wealth depends, however, on an oil producing lessee. Where an oil or gas lease was entered into some years earlier, uncertainty as to the rights and duties of parties to the lease may develop...
Description
Citation
13 Creighton L. Rev. 1429 (1979-1980)
Publisher
Creighton University School of Law