Update on Oil & Gas Royalties Litigation-Key Valuation Issues
Value Scope
JANUARY 13, 2021
But the real issue has to do with a lack of clarity in the text of royalty and lease documents. It would be even better if lease and royalty documents were drafted more carefully! What is the market “at the well” valuation? What does it mean to make oil or natural gas “marketable”? This is often when litigation picks up.
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