Presenters
William M. Cotton, Stubbeman, RcRae, Sealy & Laughlin
It would be absurd to try to discuss in one paper all of the legal problems encountered in lease operations after discovery of oil. The problems are of enormous scope and complexity and could not be adequately covered in a voluminous book. Consequently, this paper will merely attempt a general summary, without elaboration or citation of authorities, of some of the many legal problems you may encounter in your lease operations in the State of Texas.