FERGUSON v. CORONADO OIL CO.

Nos. 93-164, 93-165.

884 P.2d 971 (1994)

Darry A. FERGUSON, Appellant (Defendant), v. CORONADO OIL COMPANY, a Colorado corporation, Appellee (Plaintiff). CORONADO OIL COMPANY, a Colorado corporation, Appellant (Plaintiff), v. Darry A. FERGUSON, individually; Petrocarbon Energy Corporation, a Colorado corporation, for itself and as successor-by-merger to Pioneer Engineering Corporation, a Colorado corporation; Pioneer Engineering Corporation, formerly known as Engineering Operators, Inc., a Colorado corporation, Appellees (Defendants).

Supreme Court of Wyoming.

November 14, 1994.


Attorney(s) appearing for the Case

Tim Newcomb of Grant & Newcomb, Cheyenne, and Dana L. Eismeier of Burns, Figa & Will, Englewood, CO, for Darry A. Ferguson.

David D. Uchner, Cheyenne, and Peter A. Bjork and Gregory R. Danielson of Bjork, Seavy, Lindley & Danielson, Denver, CO, for Coronado.

Before GOLDEN, C.J., and THOMAS, CARDINE, MACY and TAYLOR, JJ.


CARDINE, Justice, Retired.

These consolidated appeals are the result of a dispute between an operator of an oil field and a non-operator net profits interest owner. Darry A. Ferguson (Ferguson) appeals a jury verdict resulting in an award of $611,138.00 for conversion of Coronado Oil Company's (Coronado) net profits and $600,000.00 in exemplary damages. Ferguson challenges the appropriateness of an action for conversion in the context of a net profits agreement. Ferguson...

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