Judge: Oil Sale Agreement Open To Interpretation, Dismissal Of Case Not Warranted

Mealey's (July 8, 2019, 2:26 PM EDT) -- LAS CRUCES, N.M. — A federal judge in New Mexico on July 1 denied an energy company’s motion to reconsider the judge’s previous ruling regarding the company’s motion to dismiss a lawsuit over the sale of oil and gas mineral interests, ruling that the energy company did not “convince” the district court that dismissal was proper.  The judge also said that dismissal was not warranted because there were various possible interpretations of the sale agreement (Joshi Technolgies International Inc. v. Chi Energy Inc., No. 15-467, D. N.M., 2019 U.S. Dist. LEXIS 109602)....