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Phillips Murrah Directors to present: Defending (and Preventing) Lease Cancellation Lawsuits

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presented by

Phillips Murrah logTuesday, Aug. 13
11:30 a.m. to 1 p.m.
Petroleum Alliance of Oklahoma Headquarters
500 N.E. 4th Street, Oklahoma City

As leasing and drilling increase, so have lawsuits by mineral owners seeking to cancel existing leases. More often than not, those suits allege that existing wells have ceased producing in paying quantities, and therefore the leases are no longer HBP.

Photo of Director Zac K. Bradt

Zac K. Bradt

The presenters of this Lunch & Learn will be Phillips Murrah Directors Zachary K. Bradt and John M. Bunting. They will discuss how operators can defend against lease cancellation lawsuits, including factors that Oklahoma courts consider when determining whether a well is producing in quantities sufficient to hold a lease.

They will also discuss how operators can resolve such disputes outside of court; and how to prevent a lease cancellation suit by determining whether an existing lease is HBP prior to purchasing it.

To register, click HERE.

Presenters:

Photo of Director John M. Bunting

John M. Bunting

Zac K. Bradt is a Director and an attorney in the Energy & Natural Resources Practice Group. He represents both privately-owned and public companies in a wide variety of oil and gas matters, with a strong emphasis on oil and gas title examination.

John M. Bunting is an attorney practicing all facets of commercial litigation and insurance coverage law. His experience includes representing clients in complex commercial disputes; representing energy producers, disposal well operators, and oilfield service companies; representing auto dealers in disputes with manufacturers and competitors; and helping business clients obtain insurance coverage.

Phillips Murrah announces new Director for 2017

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Director John M. Bunting

Phillips Murrah is proud to announce Attorney John M. Bunting has been selected to join the Firm’s group of Directors, bringing the total number to 35.

“I’m proud to be a part of the Phillips Murrah team, and I hope to use this new position to continue helping our clients succeed,” Bunting said.

His practice covers all facets of commercial litigation and insurance coverage law, and his experience includes representing clients in complex commercial disputes involving allegations of breach of contract, negligence, fraud, and breach of fiduciary duty; representing energy producers, disposal well operators, and oilfield service companies; representing owners, general contractors, and subcontractors in construction disputes; and helping business clients obtain insurance coverage.

“John is an incredibly driven and accomplished attorney, and the Firm is pleased to have named him a Director and Shareholder,” said Thomas G. Wolfe, President and Managing Partner. “Given the professionalism and dedication John brings to our clients and the Firm, we know he will have a very bright future.”