N.D. Energy Services v. Lime Rock Resources III-A

Citations

• 2024 ND 159

Syllabus

A lease must be read and considered in its entirety so that all of its provisions are taken into consideration to determine the parties' true intent. Under a usual oil and gas lease, the lessee, in developing the leased premises, is entitled to use of the land reasonably necessary in producing the oil. A purchaser who fails to make the requisite inquiry cannot claim the protection of a goodfaith purchaser status.