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23 Jun 2010, 2:14 pm by Meg Martin
Pickett of Welborn Sullivan Meck & Tooley, PC, Denver, Colorado.Facts/Discussion: In Comet I, the Court reversed the district court’s order granting summary judgment for Powder River and remanded the matter for trial concluding that the term “leasehold estate” as used in the oil and gas assignment at issue was ambiguous and a question of fact existed as to the extent of Powder River’s ownership interest in the well and/or lease it had purchased from Forcenergy… [read post]