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Texas Court Mulls Lapsed Royalty Interests In Apache Leases

By Katie Buehler (May 5, 2021, 5:54 PM EDT) -- A Texas appellate panel debated Wednesday whether to reform overriding royalty interests on oil and gas leases to bring them into compliance with the state's rule against perpetuities or to agree with Apache Corp. that royalty interest holders waited too late to claim they were underpaid....

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