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KING v. HOLLY OIL & GAS CORPORATION

402 S.W.2d 851 (1966)

Bruce KING et al., Appellants, v. HOLLY OIL & GAS CORPORATION, Appellee.

Court of Appeals of Kentucky.

April 13, 1966.

Attorney(s) appearing for the Case

Daniel Brock, Brock & Brock, Lexington, for appellants.

Rose & Short, Beattyville, for appellee.

CLAY, Commissioner.

This suit was brought by appellants to recover damages for appellee's breach of contract in failing to develop production under ten oil and gas leases on land located in Lee County. It was tried without a jury and, while the trial court found a breach of contract, it awarded appellants only nominal damages. Appellants contend they were entitled to substantial damages and by cross-appeal appellee contends there was no breach of contract.

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