TX Appeals Case on the MFN Clause – What’s an MFN Clause and Why is it a Nightmare for Oil and Gas Companies?
An MFN is an abbreviation for a clause in an oil and gas lease known as a Most Favored Nation clause. The term derives from international economic relations requiring that all countries be treated equally in terms of favorable trade treatment. In the oil and gas business, an MFN typically requires that if a lessee […]