Gateway Royalty, L.L.C. v. EAP Ohio, L.L.C.
Citations
- 2025 Ohio 2961
Syllabus
Breach of contract to recover post-production costs from overriding royalty interests (\ORRI\); Gateway Royalty II, LLC v. Gulfport Energy Corporation, 2024-Ohio-4844; summary judgment in favor of ORRI holder; Ohio courts have previously held ORRIs presumed paid free of costs, and ORRI assignment under review silent as to deducting post-production costs; Ohio consistent with cost free ORRI definition in many other states; trial court did not improperly weigh evidence; parties who practice in a trade are presumed to know industry customs and standards; judgment affirmed.
Judges: Waite
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