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The Third Circuit and Clovelly Oil Co. LLC v. Midstates Petroleum: A Dangerous Decision on Joint Operating Agreements
The Third Circuit and Clovelly Oil Co. LLC v. Midstates Petroleum: A Dangerous Decision on Joint Operating Agreements January 29, 2014 In 1956, the American Association of Petroleum Landmen adopted the Model Form Operating Agreement for joint lease operations in order to decrease litigation.[1] However, in 2012, the Louisiana Third Read more…