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CONCURRENT RESOLUTION
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WHEREAS, On June 19, 2009, the governor signed Senate |
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Concurrent Resolution 72, 81st Legislature, Regular Session, 2009; |
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and |
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WHEREAS, Senate Concurrent Resolution 72, 81st Legislature, |
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Regular Session, 2009, granted Gulf Energy Exploration Corp. |
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permission to sue the State of Texas and the Railroad Commission of |
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Texas subject to Chapter 107, Civil Practice and Remedies Code; and |
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WHEREAS, Senate Concurrent Resolution 72, 81st Legislature, |
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Regular Session, 2009, limited the total award of all damages |
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awarded in a suit authorized by that resolution, including any |
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court costs, attorney's fees, and prejudgment interest awarded |
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under the law, to $2,500,000, and precluded Gulf Energy Exploration |
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Corp. from pleading an amount in excess of that amount in any suit |
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authorized by that resolution; and |
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WHEREAS, On August 18, 2009, Gulf Energy Exploration Corp. |
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sued the Railroad Commission of Texas and Superior Energy Services, |
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LLC, a contractor hired by the Railroad Commission of Texas, for |
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breach of contract and negligence related to the wrongful plugging |
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of State Tract 708-S No. 5 in Cause No. 09-08-0809, Gulf Energy |
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Exploration Corp. v. Railroad Commission of Texas, in the 267th |
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Judicial District Court of Calhoun County, Texas; and |
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WHEREAS, On January 24, 2012, Gulf Energy Exploration Corp. |
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agreed to a settlement with Superior Energy Services, LLC, in the |
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amount of $3 million, and the settlement was acknowledged in open |
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court; now, therefore, be it |
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RESOLVED by the 85th Legislature of the State of Texas, That |
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Gulf Energy Exploration Corp. is no longer damaged by the wrongful |
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plugging of State Tract 708-S No. 5 and has been fully recompensed |
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and made whole by its settlement with Superior Energy Services, |
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LLC; and, be it further |
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RESOLVED, That the total of all damages awarded in a suit |
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authorized by Senate Concurrent Resolution 72, 81st Legislature, |
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Regular Session, 2009, including any court costs, attorney's fees, |
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and prejudgment interest awarded under the law, is amended to be a |
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maximum of $0. |