Gordon Potts v. Chesapeake Exploration, L.L
Court of Appeals for the Fifth Circuit
1Opinion of the Court
PRISCILLA R. OWEN, Circuit Judge:
The meaning of royalty provisions in an oil and gas lease are in dispute. Gordon Potts and Brandy West (the lessors) appeal the district court’s grant of summary judgment in favor of the lessee, Chesapeake Exploration, L.L.C. (Chesapeake). We affirm.
I
Potts and West are two of the lessors in an oil, gas, and mineral lease in which Chesapeake is the successor-lessee to FSOC Gas Co., Ltd. (FSOC). Three paragraphs of the lease are at issue. Paragraph 11 provides in relevant part:
The royalties to be paid by Lessee are: ... on gas ... the market value at the point…
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- Heritage Resources, Inc. v. NationsBankTexas Supreme Court · 1997
- Tittizer v. Union Gas Corp.Texas Supreme Court · 2005
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- James Miller v. BAC Home Loans Servicing, LCourt of Appeals for the Fifth Circuit · 2013
- Clardy Manufacturing Co. v. Marine Midland Business Loans Inc.Court of Appeals for the Fifth Circuit · 1996
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