Wyoming High Court: Royalty Interests Given To Company Contrary To Deceased’s Will

(October 24, 2017, 11:43 AM EDT) -- CHEYENNE, Wyo. — The Wyoming Supreme Court on Oct. 10 affirmed a state court decision that held that an energy company was the owner of overriding royalty interests (ORRI) in oil and gas assets that were part of a dispute over a deceased man’s estate, despite his specific intentions that those assets be given to the deceased’s foundation (Lon V. Smith Foundation v. Devon Energy Corporation, No. S-17-0021, and Devon Energy Corporation v. Lon V. Smith Foundation, No. S-17-0022, Wyo. Sup.; 2017 Wyo. LEXIS 127)....

Attached Documents

Related Sections