Texas Justices Side With Endeavor In Lease Termination Row

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Texas Justices Side With Endeavor In Lease Termination Row
Law360 (December 18, 2020, 6:55 PM EST) -- The Texas Supreme Court on Friday sided with Endeavor Energy Resources LP, finding lower courts wrongly determined its oil and gas lease was terminated after it busted through a deadline to drill a new well and saying the termination clause was "ambiguous."
The ruling undoes a trial court ruling and a 2018 Eleventh Court of Appeals ruling in favor of Energen Resources Corp. in the dispute over the 11,300-acre lease in Howard County. The lower court had held Endeavor's lease was terminated when it built new wells too slowly.

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