10th Circ. Affirms Trans-Western Win In Oil Lease Spat

Law360, New York (October 28, 2009, 2:12 PM EDT) -- A federal appeals court has sided with Trans-Western Petroleum Inc. in a dispute with Wolverine Gas and Oil Corp. over the terms of consecutive oil and gas leases the companies held on a portion of land in Utah.

In a ruling handed down Tuesday, the U.S. Court of Appeals for the Tenth Circuit affirmed the district court's ruling that a production allocation scheme put forth by Wolverine failed to meet the unitization requirements of its lease, therefore rendering Wolverine's lease expired Aug. 17, 2004 — the...
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