More Implied Covenants (Oil & Gas 17.1)

Most payments under leases come from royalties paid out of production so courts have intepreted leases to imply promises or "covenants" to encourage production so that the landowner receive sufficient royalty. This video
Class 17; Video 1
Citations:
John S. Lowe, Owen L. Anderson, Christopher S. Kulander, Monika U. Ehrman, Burke W. Griggs, James W. Coleman, Cases & Materials on Oil & Gas Law, faculty.westac...
pp. 384-421
Background Reading:
James W. Coleman, The Third Age of Oil and Gas Law, 95 Ind. L.J. 389 (2020), scholar.smu.ed...

[@jameswhite1319]

Thanks for sharing

[@TheRoamingPrepper]

Great comments