The parties will be referred to by name or as they appeared in the lower court.
From the evidence it appears that Fred A. Schaefer was the principal owner and operator of an oil and gas lease on a certain tract of land described as SE 1/4 of the SW 1/4 and Lot 4, 31-7-6, Seminole County, Oklahoma. Either on June 10th or 12th, 1953, Fred A. Schaefer entered into an oral contract with Jack T. Hutson...
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