http://www.sconet.state.oh.us/rod/docs/pdf/7/2014/2014-ohio-3792.pdf
Affirms Eisenbarth v. Reusser decision based on 20 yr fixed period. There was a saving event in 1974, within 20 yrs of the ODMA 1989. They did not have to have another saving event in 1994, 20 yrs after the first saving event.
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So I take it that the actual separation of the minerals from the surface took place?
Fairly straight forward plain reading of the statute and application of Riddel v. Layman. Look for the concurrence to become the controlling law in short order.
This is interesting, just now began studying it. The old man, divided the minerals equally but only gave the right to lease to one back in the 50's. Now one clan says, I have the right to lease so it is all mine (bonus).
Court says, bullcrap! you may have the right to lease but the minerals are not one's entirely. As a layperson, Am I getting it right?
They stated the 1989 ODMA as using any "random date." Its not using a random date. Its a 20 year period from the last known savings event. That's straight forward.
yu just sound on top of it and smart is all? thougt i'd ask
Not a lawyer, but well educated and on top of the subject. These judges seem to be all over the place and have some bad word usage. I would really like to see the Ohio Supreme Court jump in and rule. Im curious as to why the Supreme Court hasn't replied back as to whether or not an oil and gas lease is a savings event.
Also if you read the entire ruling, it seems to be like a page is missing. There should be a page 43 but for some reason is cut off.
If a lease is not a savings event then I don't know what is.
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