2 articles
A recent North Dakota district court decision may have significant implications for operators, nonoperators, and parties acquiring interests in pooled spacing units. In Dorchester Minerals Operating LP, et al. v. Iron Oil Operating, LLC, the court held that costs and a risk penalty associated with a non-consent well could be recovered from production attributable to […]
On June 3, 2024, Colorado Governor Jared Polis approved House Bill 24-1472 (the “Bill”), which increases the damage caps for tort and wrongful death actions beginning January 1, 2025. The Bill will increase the cap for non-economic losses or injuries[1] from $250,000 to $1.5 million, as well as increase the wrongful death cap to $2.125 million. The Bill will adjust…