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FREEPORT-McMORAN ENERGY v. CEDYCO CORP.

No. 2010-CA-0367.

54 So.3d 813 (2011)

FREEPORT-McMORAN ENERGY, LLC v. CEDYCO CORPORATION.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied February 2, 2011.

Attorney(s) appearing for the Case

Carl D. Rosenblum , Stanley A. Millan , Alida C. Hainkel , Jones Walker Waechter Poitevent Carrere & Denegre, LLP, New Orleans, LA, for Plaintiff/Appellee.

Vincent J. Booth , Booth & Booth, a PLC, New Orleans, LA, Martin L. Morgan , Covington, LA, for Defendant/Appellant.

(Court composed of Judge CHARLES R. JONES, Judge PATRICIA RIVET MURRAY, and Judge EDWIN A. LOMBARD).

CHARLES R. JONES, Judge.

The defendant/appellant, Cedyco Corporation ("Cedyco") appeals an adverse judgment by the district court awarding the appellees, Freeport-McMoran Energy L.L.C. (hereinafter referred to as "Freeport"), $270,809.49, plus legal interest. We amend in part, reverse in part, and affirm as amended.

This case concerns two oil and gas leases on property located in Plaquemines Parish. In September of 1976, the owner of the immovable property...

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