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Restraints On Alienation

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“The Validity of Restraints on Alienation in an Oil and Gas lease” explains whether the new clause in oil and gas lease should me made enforceable or not. Under the existing law when landowners are approached by the companies offering for oil and gas lease, landowners make an assumptions that they have prevent their unwanted transfers of lease interest, however it is still unclear under existing laws. “The reasons that privately-imposed restraints on alienation are sometimes invalidated simply do not apply to a restraint within an oil and gas lease. Rather, the relationship created by an oil and gas lease justifies enforcement of restraint clauses that have been bargained for by the

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