4th Circuit Panel Affirms Third-Party Clause Reading In Ohio Natural Gas Leases

CINCINNATI - A unanimous Fourth Circuit U.S. Court of Appeals panel affirmed summary judgment on Oct. 30 for a natural gas and oil extraction company in a dispute over the interpretation of a clause in oil and natural gas leases addressing third-party offers to acquire the leases (Ronald E. Stewart, et uxor v. Chesapeake Exploration, No. 12-4457 $(consolidated$), 6th Cir.).

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