Oil and Gas Lease is Allegedly Altered to Extend Agreement

Case Overview

This case involves a plaintiff who allegedly had his oil and gas lease altered, resulting in loss of opportunity to negotiate a new lease at better terms. The plaintiff signed a lease that specified a short term, after which the lease was to be renegotiated. The landman for the defendant allegedly altered the lease to make it a much longer term. As a consequence of this change in terms, the plaintiffs were not able to negotiate a new lease. This allegedly prevented the property owner from taking advantage of more advantageous pricing.