Shedden v. Anadarko E&P Co.

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In this appeal, the issue presented for the Pennsylvania Supreme Court's review was whether the Superior Court properly applied the doctrine of estoppel by deed to conclude that an oil and gas lease between Appellee, Anadarko E. & P. Co., L.P. and Appellants, Leo and Sandra Shedden, covered the oil and gas rights to 100% of the property identified in the lease, notwithstanding the fact that, unbeknownst to them, Appellants owned only a one-half interest in the oil and gas rights to the property at the time the lease was executed, and, consequently, received a bonus payment only for the oil and gas rights they actually owned. Upon review, the Supreme Court held that the Superior Court properly affirmed the trial court's grant of summary judgment in favor of Anadarko based on estoppel by deed. View "Shedden v. Anadarko E&P Co." on Justia Law