(DOWNLOAD) "Christy v. Petrol Resources Corp." by New Mexico Court of Appeals # Book PDF Kindle ePub Free

eBook details

Title: Christy v. Petrol Resources Corp.
Author : New Mexico Court of Appeals
Release Date : January 25, 1984
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 59 KB

Description

Gallo was the original lessee; he assigned the lease to Petrol Resources Corporation (Petrol), reserving an overriding royalty equal to 3% of 8/8ths of production. Thereafter Petrol executed, contemporaneously, two documents in favor of plaintiff. One document conveyed a 1% of 8/8ths overriding royalty to plaintiff. The second document assigned a 10% net profits interest in the lease to plaintiff. Thereafter Petrol assigned the lease to Cibola Energy Corp., formerly Coronado Exploration Corporation (Cibola), reserving a 1% of 8/8ths overriding royalty.