Krugliak, Wilkins, Griffiths & Dougherty oil and gas attorneys, Scott M. Zurakowski, William G. Williams, Gregory W. Watts, and Aletha M. Carver successfully defended energy company, Beck Energy Corporation, in two significant cases in the Ohio Supreme Court, Hustack, et al. v. Beck Energy Corp., 2016-Ohio-178 and State ex rel. Claugus Family Farm, L.P. v. Seventh District Court of Appeals, et al., 2016-Ohio-178. Ohio’s prior oil and gas law stretching back to the 19th Century was being challenged. The validity of almost every oil and gas lease in Ohio was on the line. These decisions impact virtually every oil and gas producer (both local and national) who owns lease rights and/or is drilling in Ohio.
In an unanimous decision from the Ohio Supreme Court (January 21, 2016), the Court affirmed the Seventh District Court of Appeals’ decision and concluded that the G&T 83 Oil and Gas Lease form was not a no-term, perpetual lease nor was the lease void ab initio as against public policy. Specifically, the Court held:
Click here to read more.
Connect with us on Facebook and Twitter!