LaCOASTAL PETROLEUM CORP. v. LONE STAR PRODUCING CO.

No. 4189.

373 S.W.2d 109 (1963)

LaCOASTAL PETROLEUM CORPORATION, Appellant, v. LONE STAR PRODUCING COMPANY et al., Appellees.

Court of Civil Appeals of Texas, Waco.

Rehearing Denied December 12, 1963.


Attorney(s) appearing for the Case

Crozier, Sweet & Freeman, Dallas, for appellant.

Roy E. Pitts, Thomas M. Gormley, and Frederick W. Fraley III, Dallas, Wilson, Miller, Spivey & Steger, Tyler, for appellees.


TIREY, Justice.

This is an appeal from a summary judgment. The LaCoastal Petroleum Corporation brought the action for specific performance of a contract to assign an oil and gas lease and, in the alternative, for damages. The contract in question is commonly known in the oil business as a farmout agreement. The agreement was entered into by and between Lone Star Producing Company and Coulston Drilling Company and, with the consent of the Lone Star Producing Company...

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