Title: "Retained Acreage Clauses: Covenant or Condition? Snapshot or Rolling?"
Speaker: Benjamin Holiday
Date: May 21st, 2026 (12:00 pm to 1:00 pm central)
Summary: Every retained acreage clause analysis requires answering two fundamental questions: does the clause operate as a covenant or a condition, and does it create a snapshot or rolling obligation? This session walks through the legal framework for each di stinction, examines the textual indicators courts use to tell the difference, and applies those principles to real lease language. We'll cover the leading Texas case law, including the PPC Acquisition v. Delaware Basin Resources decision, and discuss the practical consequences for lessees and lessors when acreage retention is on the line.
*Don't miss out on this opportunity!*
1 CDOA Credit (non-core)
Webinar is FREE for NADOA members, non-members $15
As soon as you register, a registration link will be emailed to you. Please click on the registration link ahead of time. For any questions or if you do not receive the registration link before the webinar start time please contact administrator@nadoa.org
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