Legal Opinion
LANCE OIL & GAS COMPANY v. Wyoming Department of Revenue
Wyoming Supreme Court
Decided December 7, 2004No. 03-118PublishedCited by 20 opinions
1Opinion of the Court
KITE, Justice.
[T1] Lance Oil and Gas Company (Lance) owned an interest in certain wells in northeastern Wyoming, but was not the operator. It took its share of production of natural gas in kind and sold it for less than $2.75 per MCF. When filing its severance tax forms, Lance claimed an exemption pursuant to Wyo. Stat. Aun. § 39-14-205(f) (LexisNex-is 2001) which applies when the price received by the producer for new production is below $2.75 per MCF. The Department of Revenue (DOR) rejected Lance's claim and concluded the exemption applied only when the gross price received by the operator…
2Cases cited14 opinions
- Allied-Signal, Inc. v. Wyoming State Board of EqualizationWyoming Supreme Court · 1991
- State Board of Equalization v. Tenneco Oil Co.Wyoming Supreme Court · 1985
- Chevron U.S.A., Inc. v. StateWyoming Supreme Court · 1996
- State Ex Rel. Wyoming Department of Revenue v. Union Pacific RailroadWyoming Supreme Court · 2003
- Snake River Brewing Co. v. Town of JacksonWyoming Supreme Court · 2002
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3Cited by20 opinions
- State Department of Corrections v. WattsWyoming Supreme Court · 2008
- Chevron U.S.A., Inc. v. Department of RevenueWyoming Supreme Court · 2007
- Wyodak Resources Development Corp. v. Wyoming Department of RevenueWyoming Supreme Court · 2017
- Cheyenne Newspapers, Inc., D/B/A Wyoming Tribune Eagle v. The Board of Trustees of Laramie County School District Number One, State of WyomingWyoming Supreme Court · 2016
- Cantrell v. Sweetwater County School District No. 2Wyoming Supreme Court · 2006
15 more not listed; retrieve them via the Exa API.