Gardere Represents Matrix Petroleum in Breach of Contract Suit
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.
