At Ehrlich • Pledger Law, LLP, we understand that emotions tend to run high when oil and gas leases are involved. For prospective sellers, these contracts have the potential to represent a serious windfall. For buyers, they are a major investment. It is natural for nerves to get frayed when this much is at stake.
Nevertheless, it often takes a level head to go through gas and oil lease documents with an eye for detail. Even relatively common forms of these leases often contain — or could benefit from, for that matter — language that pertains specifically to the deal in question.