interpreting overriding royalty that was “free and clear of all cost of drilling, exploration or operation”
Summary of this case from Chesapeake Exploration, L.L.C. v. Hyder84-3040.
June 12, 1984.
Appeal from and Citation (if reported) E.D.La.
DECISIONS WITHOUT PUBLISHED OPINIONS AFFIRMED.
interpreting overriding royalty that was “free and clear of all cost of drilling, exploration or operation”
Summary of this case from Chesapeake Exploration, L.L.C. v. HyderFull title:Berry v. King
Court:United States Court of Appeals, Fifth Circuit
Date published: Jun 12, 1984
Accordingly, the royalty is free of all costs up to this point of production, while subsequently incurred…
Heritage Resources v. NationsbankAlthough it is not subject to the costs of production, royalty is usually subject to post-production costs,…