Legal Opinion
Verde Minerals, LLC v. Burlington Res. Oil & Gas Co.
District Court, S.D. Texas
Decided January 9, 2019No. Civil Action No. 2:16-CV-463PublishedCited by 2 opinions
1Opinion of the Court
NELVA GONZALES RAMOS, UNITED STATES DISTRICT JUDGE
Plaintiff Verde Minerals, LLC (Verde) brings this putative class action on behalf of an alleged class of holders of oil and gas interests in approximately 2,092 acres (the Property) located in Live Oak County, Texas. Verde claims that Defendants 1893 Oil & Gas, Ltd. (1893) and ELP2 Minerals, Ltd. (ELP2) have violated obligations that their predecessor-in-interest assumed nearly a century ago when he agreed to pay a portion of any oil and gas proceeds derived from the Property to the predecessors-in-interest of Verde and other similarly…
2Cases cited53 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Ragas v. Tennessee Gas Pipeline Co.Court of Appeals for the Fifth Circuit · 1998
- Rogers v. Ricane Enterprises, Inc.Texas Supreme Court · 1989
- Computer Associates International, Inc. v. Altai, Inc.Texas Supreme Court · 1996
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3Cited by2 opinions
- Higgins v. LundNorth Dakota Supreme Court · 2025
- Higgins v. LundNorth Dakota Supreme Court · 2025