Title
Oil and Gas Committee Report
By
RothsteE
Description
265 OIL AND GAS 2009 Annual Report1 I. ALABAMA A. Judicial Developments The case of Ala. Dep’t of Conservation and Natural Res. v. Exxon Mobil Corp. was the third, and probably final, appeal in the litigation over royalties due the State of Alabama from Exxon’s Mobile Bay gas production.2 The main dispute in the latest case was whether Alabama’s statute imposing 12% interest on unpaid lease royalties could be stacked on top of Alabama’s 12% post-judgment interest statute.3 The court ruled that...

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