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Gardere Represents Matrix Petroleum in Breach of Contract Suit

By on January 3, 2017 in Energy, Litigation-Business, Oil & Gas

Gardere Wynne Sewell LLP successfully represented Matrix Petroleum Holdings LLC in a breach of contract suit against Talisman Energy USA Inc. A Texas appeals court decided against lifting an injunction that barred Talisman from proposing to drill mutually owned oil and gas wells on an Eagle Ford shale ranch.

In a release, the firm said the Fourth Court of Appeals ruled that Talisman’s actions threatened injury to real property. While Matrix is a minority stakeholder of the mineral leases, the companies had agreed to jointly develop interests.

The Gardere team was led by partners Alexander C. Chae and Mike Seely.

 

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