Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on August 28, 2011 at 9:48

Agreed.  However I would like a Favored PC clause also.  LOL!

Permalink Reply by littleasy on August 28, 2011 at 10:42

Skip, that is funny.  Does anyone give Favored Nations considerations these days?

Permalink Reply by Skip Peel - Mineral Consultant on August 28, 2011 at 10:53

Thanks, littleasy.  We discussed Favored Nations clauses quite a bit in the early days of the Haynesville Play.  A handful of large landowners were able to negotiate leases with the clause.  At least one law suit followed whereby a lessor successfully litigated for increased bonus payment when the court agreed with their interpretation of the clause as it related to the lessee's subsequent lease activity.

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