Petrohawk Properties, L.P. v. Chesapeake Louisiana, L.P.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
KING, Circuit Judge:
What follows is the tale of competing mineral leases on the Louisiana property of Lee and Patsy Stockman during the Haynesville Shale leasing frenzy. In April 2008, the Stockmans entered into an extension of their mineral lease with Chesapeake Louisiana, L.P. and received a $240,000 bonus. In May 2008, the Stock-mans entered into a mineral lease with Petrohawk Properties, L.P. for a $1.45 million bonus. In July 2008, Petrohawk dishonored the $1.45 million draft and executed a second mineral lease with the Stockmans, paying them a $1.7 million bonus. Chesapeake sued the…
2Cases cited28 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Sims v. Mulhearn Funeral Home, Inc.Supreme Court of Louisiana · 2007
- 9 to 5 Fashions, Inc. v. SpurneySupreme Court of Louisiana · 1989
- United States v. WhitfieldCourt of Appeals for the Fifth Circuit · 2009
- Shelton v. Standard/700 AssociatesSupreme Court of Louisiana · 2001
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