Oil Co. Liable For Landman's Leases: Texas Appeals Court

Law360, Dallas (July 26, 2013, 5:02 PM EDT) -- A Texas appeals court on Wednesday found a landman working as an independent contractor for PanAmerican Operating Co. was under the company’s authority when he negotiated a mineral rights lease, and said PanAmerican is liable to the property owner.

The Eighth District Court of Appeals, affirming a trial judge’s ruling, said PanAmerican only asserted the landman, Robert Wormser, had no authority to execute leases on its behalf after the price of oil dropped precipitously. The panel found Wormser negotiated an oil lease with the Maud Smith...
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