(Download) "Stable Energy V. Newberry" by Texas Court of Appeals * Book PDF Kindle ePub Free
eBook details
- Title: Stable Energy V. Newberry
- Author : Texas Court of Appeals
- Release Date : January 12, 1999
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 73 KB
Description
This is a breach of contract case involving appellant Anchor Operating Company's operation of Knape Well #1 (hereinafter the "Knape Well"), which is located in the Knape Unit, and appellant Stable Energy, L.P.'s conduct as lessee of the Knape Unit. The Knape Unit is a 160- acre tract derived from three oil, gas, and mineral leases in Fayette County. Both Anchor and Stable defended the breach of contract claims on the theory that a dispute existed regarding appellees' entitlement to proceeds from the sale of oil and gas from the Knape Well. The trial court rendered judgment declaring that each appellee had a valid interest in the Knape Well, affirming the percentage interest of each appellee, and ordering appellants, jointly and severally, to pay damages, attorney's fees, and litigation expenses. Appellants appeal the trial court judgment. We will modify the judgment and affirm the judgment as modified.