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LEAR PETROLEUM CORP. v. SENECA OIL CO.

No. 49754.

590 P.2d 670 (1979)

LEAR PETROLEUM CORPORATION, Appellee, v. SENECA OIL COMPANY, Jerral W. Jones and W.C. Payne, Appellants.

Supreme Court of Oklahoma.

February 6, 1979.

Attorney(s) appearing for the Case

Crabtree, Miller & Musser, Oklahoma City, for appellee.

Charles Nesbitt, Oklahoma City, for appellants.

WILLIAMS, Justice.

This is an appeal from an order (No. 121482) of the Corporation Commission determining the proper and reasonable costs of drilling an oil and gas well (dry hole) entered after hearing upon the application of Lear Petroleum Corporation, pursuant to 52 O.S. 1971, Sec. 87.1(d), on May 19, 1976.

A prior application by Lear, made after the well had been drilled to a depth of 7400 feet, had resulted in...

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