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Court tables Verdun Oil request to waive bidding for tiny county land interests
Summary
Verdun Oil & Gas asked the court to waive competitive bidding for fractional county interests under a proposed lease; the commissioners tabled the request so the county attorney and auditor can review legal and title implications.
Verdun Oil & Gas told the Dimmit County Commissioners Court it has begun drilling a lateral that will run beneath the Elm Lake addition and wants to lease tiny fractional county interests in multiple lots. The company asked the court to waive the normal competitive bidding process for those fractional interests because each county-held interest totals roughly 0.1 acre per parcel and, the company said, would be uneconomic for other bidders to…
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