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Texas Petroleum Investment Company
Plaintiffs Drill Dry Hole in $19 Million Lamar County, Mississippi Case
January 11th, 2009
Mississippi plaintiffs drilled a dry hole when they sued two Texas companies for allegedly producing millions of dollars of natural gas they did not own. Following one of the longest trials in Lamar County history, jurors sided with the Texas companies awarding the plaintiffs nothing in the case. Lamar County Judge Prentiss Harrell presided over the 8-week trial at the Lamar County Courthouse. Tellus Operating Group brought suit in August 2004 contending that the defendants produced gas from the shallow zones of the Bilbo A-1 well in Lamar County, Mississippi, through a casing leak. Texas Petroleum Investment Company (TPIC) owned rights to all oil production from the...
Source: Pharma Investments, Ventures & Law Weekly (2009-01-11)
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