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OLYMPIA MINERALS, LLC v. HS RESOURCES, INC.

Nos. 2013-C-2637, 2013-C-2717.

171 So.3d 878 (2014)

OLYMPIA MINERALS, LLC, et al. v. HS RESOURCES, INC., et al.

Supreme Court of Louisiana.

October 15, 2014.

Attorney(s) appearing for the Case

Chris L. Halgren (pro hac vice), Carlos R. Soltero (pro hac vice), Flanagan Partners LLP, Thomas More Flanagan , Andy Joseph Dupre , Charles-Theodore Zerner , New Orleans, LA, Hall, Lestage & Landreneau, David Ramsey Lestage , Ferall Steve Landreneau , DeRidder, LA, McGinnis, Lochridge & Kilgore, Jonathan D. Baughman , for Applicant (No. 2013-C-2937).

Barry Craig Barnett (pro hac vice), Daniel H. Charest , Brian D. Melton , Brian M. Gillet , David Patrick Long , Carver, Darden, Koretzky, Tessier, Finn, Blossman, M. Hampton Carver , John Anthony Dunlap , New Orleans, LA, Leavoy Law Firm, Leslie R. Leavoy, Jr. , DeRidder, LA, Phelps Dunbar, LLP, Harry Alston Johnson, III , Baton Rouge, LA, for Respondent (No. 2013-C-2637).

Barry Craig Barnett (pro hac vice), Carver, Darden, Koretzky, Tessier, Finn, Blossman, M. Hampton Carver , John Anthony Dunlap , New Orleans, LA, Leavoy Law Firm, Leslie R. Leavoy, Jr. , DeRidder, LA, Phelps Dunbar, LLP, Harry Alston Johnson, III , Baton Rouge, LA, for Applicant (No. 2013-C-2717).

Chris L. Halgren (pro hac vice), Carlos R. Soltero (pro hac vice), Flanagan Partners LLP, Thomas More Flanagan , Andy Joseph Dupre , Charles-Theodore Zerner , New Orleans, LA, Hall, Lestage & Landreneau, David Ramsey Lestage , Ferall Steve Landreneau , DeRidder, LA, McGinnis, Lochridge & Kilgore, Jonathan D. Baughman , for Respondent (No. 2013-C-2717).

We granted a writ to review the correctness of the lower courts' interpretation of portions of a written mineral agreement. The agreement was prepared by a mineral leaseholder and ostensibly conveyed to an exploration company an "exclusive option to sublease" at least 15 percent of the

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