Law Defining Mineral Ownership Under Lake Sakakawea Constitutional -- Dickinson Press -- March 6, 2019
Link here. Data points:
- this was a "new" North Dakota law
- the law was supposed to better define oil and gas ownership under Lake Sakakwea
- the law was found to be constitutional -- East Central Judicial District judge
- lawsuit brought by Rep Marvin Nelson, D-Rolla, former governor candidate Paul Sorum and others
- taxpayers argued that they were seeking to prevent the state from "giving away" $2 billion in oil and gas mineral rights in coming years," challenging the law as unconstitutional
- lawyers said it was not a giveaway but rather a process to define the boundary of the state's mineral rights
- the law ought to clarify ownership of minerals under Lake Sakakawea through a review of the historic ordinary high water mark of the Missouri River as it existed before the Garrison Dam
- the state of North Dakota prevailed
- the law is constitutional
However:
- the second portion of the ruling fell in favor of the taxpayers
- the law would reduce state revenues by $205 million by refunding oil royalty, rent and bonus payments
- the judge said that applying the law retroactively to oil and gas revenues earned from wells drilled since 2006 is unconstitutional
- the statute of limitations: three years
- the court preserved $205 million for the state taxpayers
Unclear
- whether the ruling meant that the state would have to be refund payments from the past three years
Leave it to the lawyers to come up with a split decision that, at best, remains-
ReplyDeleteUNCLEAR.
Hope they got all their billable hours out of this one
Ah, yes, billable hours. I'm sure the lawyers will do just fine. On both sides.
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