Colorado - Oil & Gas

摘要

In Volume XXVII, No. 4 (2010) of this Newsletter, we reported on Whiting Oil & Gas Corp. v. Atlantic Richfield Co., 321 P.3d 500 (Colo. Ct. App. 2010). The Colorado Supreme Court affirmed the court of appeals decision in favor of Whiting Oil and Gas Corporation, f/k/a Equity Oil Company (Equity), but on different grounds than the court of appeals. The supreme court held that the option involved in the case did not violate the common law rule against perpetuities. Atlantic Richfield Co. v. Whiting Oil & Gas Corp., 2014 CO 16,320 P.3d 1179 (en banc).