Chesapeake Exploration, L.L.C. v. Buell

Ohio Supreme Court

Chesapeake Exploration, L.L.C. v. Buell

5 N.E.3d 665, 138 Ohio St. 3d 1446

Ohio Supreme Court·Decided March 26, 2014·No. 2014-0067·Published

Opinion

Certified Question of State Law, United States District Court, Southern District of Ohio, Eastern Division, No. 2.T2-CV-916. On review of preliminary memorandum pursuant to S.Ct.Prac.R. 9.01. The court will answer the following questions:

(1) Is the recorded lease of a severed subsurface mineral estate a title transaction under the [Ohio Dormant Mineral Act (“ODMA”), R.C. 5301.56(5)(3)(a)]?

(2) Is the expiration of a recorded lease and the reversion of the rights granted under that lease a [1447] title transaction that restarts the twenty-year forfeiture clock under the ODMA at the time of the reversion?

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Certified Question of State Law, United States District Court, Southern District of Ohio, Eastern Division, No. 2.T2-CV-916. On review of preliminary memorandum pursuant to S.Ct.Prac.R. 9.01. The court will answer the following questions:

(1) Is the recorded lease of a severed subsurface mineral estate a title transaction under the [Ohio Dormant Mineral Act (“ODMA”), R.C. 5301.56(5)(3)(a)]?

(2) Is the expiration of a recorded lease and the reversion of the rights granted under that lease a [1447] title transaction that restarts the twenty-year forfeiture clock under the ODMA at the time of the reversion?

Chesapeake Exploration, L.L.C. v. Buell, 5 N.E.3d 665, 138 Ohio St. 3d 1446 (Ohio 2014).

Pincite

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