5th Circ. Revives EOG, Chesapeake Gas Contract Suit

Law360, New York (May 3, 2010, 4:36 PM EDT) -- A federal appeals court has vacated a district court decision to dismiss a breach of contract suit brought by EOG Resources Inc. against Chesapeake Energy Corp. over the defendant's unilateral decision to drill three wells into a shared natural gas pool in Bossier Parish, La.

Finding that EOG's suit was not an “impermissible collateral attack” on orders by the Louisiana commissioner of conservation that permitted the wells, a three-judge panel in the U.S. Court of Appeals for the Fifth Circuit reversed the lower court ruling and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.