Implied obligation under mineral lease to restore property
Yesterday in Terrebonne Parish School Board v. Castex Energy, Inc., the Lousiana Supreme Court held "that, in the absence of an express lease provision, Mineral Code article 122 does not impose an implied duty to restore the surface to its original, pre-lease condition absent proof that the lessee has exercised his rights under the lease unreasonably or excessively."
Posted by RPW at January 20, 2005 09:54 PM