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PHILLIPS v. INEXCO OIL CO., INC.

No. 954.

540 S.W.2d 546 (1976)

Harry S. PHILLIPS, Appellant, v. INEXCO OIL COMPANY, INC., Appellee.

Court of Civil Appeals of Texas, Tyler.

Rehearing Denied September 2, 1976.

Attorney(s) appearing for the Case

Willis Jarrel, Goodwin & Jarrel, Tyler, for appellant.

Edmund F. Benchoff, Benchoff & Guidry, Nacogdoches, John L. McConn, Butler, Binion, Rice, Cook & Knapp, Dillon J. Ferguson, Houston, for appellee.

MOORE, Justice.

Appellant, Harry S. Phillips, plaintiff below, brings this appeal from a summary judgment rendered in favor of appellee-defendant, Inexco Oil Company.

In 1970, Inexco, being interested in drilling an oil well on a tract known as the Douglas Prospect in Nacogdoches County, Texas, entered into a farmout agreement with Humble Oil & Refining Company whereby certain leases around the Douglas Prospect...

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