Seagull Energy E&P, Inc. v. Eland Energy, Inc.
ELR Citation: ELR 20115 No(s). 04-0662 (Tex. Jun 16, 2006)
The court holds that the sale of an oil and gas working interest, which is subject to an operating agreement, does not release the seller from any further obligations to the operator. Despite selling its working interest, the seller remains liable under the operating agreement unless released by the...