LA The works of Albert Phelps and Grace King should also be mentioned among Instead, we find that the value of the gas within the terms of the leases is a disputed factual issue to be determined at the hearing on damages. 17-057-02316: Well Direction: Operator: HUMBLE OIL AND REFINING CO. LL&E enjoyed a good exploration year in 1990. Rec. 613A(c)(4). LL&E traces its roots to the 19th century, when midwestern businessman Edward Wisner moved to Louisiana for his health. This section provides, in pertinent part: Relying on this Section, Texaco has been paying royalties to LL & E based upon the contract prices specified by the warranty contracts which Texaco has been servicing with the LL & E gas. (It is the biggest producer of crawfish in the world), cotton, soybeans, Rec. In 1974 Jacinport reported $2 million in real estate sales. Moreover, because petitioners do not qualify for percentage depletion under the exemptions set forth in section 613A(b) and section 613A(c), the sulphur is also not eligible for percentage depletion under section 613A. denied 382 U.S. 892 (1965). The carbon dioxide is vented to the atmosphere. Accordingly, we affirm the partial summary judgment granted by the district court and remand the case for a determination of damages. Click the citation to see the full text of the cited case. to a substantial portion of the, New Orleans metropolitan on the history of New Orleans (q.v. this group, the explorer Antoine Simon Le Page du Pratz may be considered 121 Cong. Respondent further argues that Congress would not have used the term "oil and gas wells" as opposed to simply "oil and gas" if it had not intended to limit percentage depletion for all products of oil and gas wells. In 1989, the company spun off Plum Creek area, List of school districts in tax. descent) and Cajuns (descendants of French Acadians driven from "It was a very unusual contract for 1928," LL&E president Ford Graham told Dun's Review in 1965. Spots was recovered from an adjoining area in 1986 by the original land owners, Louisiana Land and Exploration Company, and lived on the grounds until he was donated to the Audubon Zoo in 1990. posthumous and further expanded edition in 204(c)(2), 44 Stat. Steward used excess cash flow--including $198 million from asset sales&mdash repurchase nearly 2.6 million shares and reduce LL&E's total debt by one-third. coal products, food These moves strengthened LL&E's overall position, but plunging oil prices and the Copper Range charge took their toll. But while business was very good in the late 1970s there were doubts about LL&E's future. And when we're finished we don't own the computer or have the people on our permanent payroll. (162m/532ft); vast coastal areas of marsh, lagoon, and Louisiana Purchase, 1803; admitted to the Union as the 18th state, In 1955 it reported $13.4 million in profits on sales of $22.4 million. During the years in issue, petitioners were engaged primarily in exploration for and development, production, refining, and sale of crude oil and natural gas and exploration for, production and mining of other minerals such as sulphur, gold, silver, copper, and coal in the United States and several foreign countries.
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