2012年3月28日星期三

Pa. Justices Define 'in Paying Quantities' in Gas Leases

In a decision attorneys said has wide-reaching applicability for oil and gas companies in Pennsylvania, the state Supreme Court has ruled that even oil and gas wells that are operated sporadically and don't consistently turn a profit can be considered to be producing "in paying quantities" so long as the operator has maintained the well in good faith.
TheLegalIntelligencer.com

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